IBEW Local No. 683 - Wage and Fringe Benefits — required surety bond in Ohio. Apply online in minutes.
The IBEW Local No. 683 Wage and Fringe Benefits Bond is a specialized union bond that guarantees contractors will pay all required wages, dues, and fringe benefits to union workers. It serves as a financial safety net for the International Brotherhood of Electrical Workers Local No. 683 and its members in Ohio.
Electrical contractors and construction employers who hire union workers affiliated with IBEW Local No. 683 typically need this bond. It is generally required as a prerequisite to entering into or maintaining a collective bargaining agreement with the local union.
The union requires this bond to protect its members against an employer's failure to pay negotiated wages or contribute to health, pension, and welfare funds. It ensures that workers are compensated exactly as outlined in their union contract, even if the contracting business faces financial distress.
Click Apply Now to start our secure, approximately 5-minute online application. The team at Noah Insurance Agency will review your submission and provide a customized quote. Once your payment is processed, your official bond will be delivered directly to you by email.
Premiums vary based on the applicant's credit history, business financials, and the total bond amount required. To get an exact figure, submit an online application with Noah Insurance Agency.
Bond amount requirements vary based on factors like the number of union employees you hire and the terms of your collective bargaining agreement. You must verify the exact required amount directly with IBEW Local No. 683 before applying.
Yes, Noah Insurance Agency (814-718-0060) works with a wide network of carriers nationwide to help contractors secure bonds regardless of credit history, though applicants with lower scores may see different premium rates.
Term lengths vary depending on the specific union guidelines, but most union bonds are issued for a one-year term and must be renewed annually. Please verify renewal requirements with the issuing agency or your union representative.
Send us a note or call 814-718-0060 — a licensed agent will confirm the bond amount and requirements for you.
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