United Union of Roofers, Waterproofers and Allied Workers, Local No. 69 - Wage and Fringe Benefits — required surety bond in Illinois. Apply online in minutes.
The United Union of Roofers, Waterproofers and Allied Workers, Local No. 69 Wage and Fringe Benefits Bond is a financial guarantee required of signatory contractors. It ensures that the contractor pays all required wages, dues, and fringe benefits into the union's trust funds on time. If the contractor defaults on these financial obligations, the bond provides compensation to the union and its members.
Roofing, waterproofing, and allied trades contractors operating in Illinois who have signed a collective bargaining agreement with Local No. 69 typically need this bond. It is generally required before a contractor is authorized to employ union members for their construction projects. Business owners should verify their specific bonding requirements directly with the union before beginning work.
The union requires this bond to protect its members and trust funds from financial loss due to a contractor's failure to remit agreed-upon payments. It guarantees that workers receive their rightful compensation and benefits, such as health insurance or pension contributions, even if the employer faces financial distress. By mandating the bond, the union ensures strict compliance with the terms of the collective bargaining agreement.
To get started, simply click Apply Now to complete our secure online application in about 5 minutes. Once submitted, our team at Noah Insurance Agency will review your details and provide a competitive quote. After your purchase is finalized, your bond will be delivered to you by email for easy filing.
Premiums vary based on the specific bond amount required by the union and the personal credit history of the applicant. To find out your exact cost, please apply online with Noah Insurance Agency for a free quote.
The bond amount is determined by Local No. 69, often based on factors like your estimated payroll or the number of union members you employ. You must verify the exact bond amount with the union prior to applying.
Yes, Noah Insurance Agency works with a wide, nationwide network of surety carriers to find competitive bonding options for contractors with a variety of credit profiles.
Filing requirements vary, but typically you must sign the original bond and submit it directly to Local No. 69 or their designated trust fund administrator. Always verify the most current filing instructions 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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