This $50,000 bond is a condition of the Labor Agreement and Letter of Assent between a signatory employer and IBEW Local No. 1547, and of the Alaska Electrical Trust Funds (AETF) participation requirements that flow from it — not a requirement of Alaska statute or state agency rule. AETF's own published materials confirm employer fringe-benefit contributions run through labor agreements with Local 1547 rather than state law. Confirm the current required bond amount and the exact obligee language with the AETF trust office or your Local 1547 contract before you apply.

What the bond actually guarantees

You need this bond if you're

Fringe-benefits bonds like this usually clear fast — many issue right after purchase, and at most within 1–2 business days. Your e-signed bond will arrive by email, ready to file.

Alaska IBEW Local 1547 Electrical Funds / Fringe Benefits Bond: $2,000 flat for the $50,000 bond your Local 1547 participation agreement requires.

IBEW Local No. 1547 Electrical Funds / Fringe Benefits Bond ($50,000)

IBEW Local No. 1547 - Electrical Funds / Fringe Benefits ($50,000)

Final premium can vary based on underwriting factors

How this works?

If you are a non profit select Corporation

All future bond correspondence and renewals will be sent to this address

Clear pricing.Instant issuance.