Operating Engineers Local No. 513 - Wage and Fringe Benefits ($35,000) — required surety bond in Missouri. Apply online in minutes.
This bond guarantees that employers hiring union members from the Operating Engineers Local No. 513 will pay all required wages, fringe benefits, and related union dues. It serves as a financial safety net for the union and its members in case the employer defaults on their payment obligations.
Employers and contractors operating in Missouri who have a collective bargaining agreement with the Operating Engineers Local No. 513 typically need this bond. It is generally required before union members can be dispatched to a job site.
The union requires this bond to protect its members from financial harm caused by employers failing to pay agreed-upon compensation. It ensures the union has a guaranteed source of funds to cover unpaid obligations, maintaining trust and stability within the workforce.
Click the Apply Now button to complete our secure, approximately five-minute online application. Once processed by Noah Insurance Agency, your finalized bond will be delivered directly to you by email.
Premiums vary based on the applicant's financial history, credit profile, and the required bond size. Apply online with Noah Insurance Agency or call 814-718-0060 to receive an exact quote based on your specific situation.
Bond amount requirements vary depending on your specific union agreement and the anticipated number of union members you will employ. You should always verify the exact required bond amount directly with the Operating Engineers Local No. 513.
Approval times vary depending on the underwriting process and the applicant's profile. Completing our secure online application is the fastest way to begin the process and determine your exact approval status.
No, this specific bond only guarantees obligations to the Operating Engineers Local No. 513. If you hire members from other locals or different trade unions, you will need to obtain separate bonds as required by those specific agreements.
Send us a note or call 814-718-0060 — a licensed agent will confirm the bond amount and requirements for you.
Noah Insurance Agency · Licensed Nationwide