Laborers' District Council of Ohio Local No. 894 - Wage and Welfare — required surety bond in Ohio. Apply online in minutes.
The Laborers' District Council of Ohio Local No. 894 Wage and Welfare Bond is a financial guarantee required of employers utilizing union labor. It ensures that contractors pay all required wages, fringe benefits, and union dues to their employees according to their collective bargaining agreement.
Construction companies and contractors operating in Ohio who hire union workers from the Laborers' District Council of Ohio Local No. 894 typically need this bond. It is generally a prerequisite before a contractor can employ members of this specific local union.
The union requires this bond to protect the financial well-being of its members. If a contractor defaults on payroll or fails to contribute to mandatory health and pension funds, the bond provides a mechanism to recover those unpaid obligations.
Getting your bond is simple: just click Apply Now to begin. You can complete our secure online application in about five minutes. Once approved and purchased, your bond will be delivered directly to you by email.
Premiums vary based on the total bond amount required by the union and the applicant's financial profile. Apply online for an exact quote.
Bond amounts vary depending on the estimated number of union workers you employ and union guidelines. Please verify the exact figure needed directly with Local No. 894 before applying.
Yes, approvals are possible for applicants with less-than-perfect credit, though premium rates may vary. Apply online or call Noah Insurance Agency at 814-718-0060 to review your options.
Term lengths and renewal cycles vary based on the specific union agreement. You must maintain an active bond as long as you continue to employ Local No. 894 members, verifying renewal requirements with the union.
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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