CO pipe industry fringe benefits bonds.
4% of the bond amount.
A pipe-trades employer that signs the collective bargaining agreement with UA Local 208 agrees to remit health and welfare, pension, annuity, and other fringe benefit contributions to the Colorado Pipe Industry Trust Funds on every hour worked. When the trustees require security for that obligation, a bond guaranteeing the employer's contributions is the usual form. Premiums cost 4% of the bond amount, $100 minimum, after a one-time soft credit consent that never affects your score.
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Apply to filed in one sitting.
No long underwriting queue for the standard fringe-benefit contribution bond — enter your amount, consent to a soft pull, and file with the trust funds' administration office. Here is the whole thing:
Apply online
Your company details, the bond amount the trustees or your CBA specify, and the effective date — plus a one-time consent to a soft credit pull.
Approved
Most fringe-benefit contribution bonds clear quickly; the soft credit pull informs approval and never affects your score. Premium is 4% of the bond amount, $100 minimum. Larger amounts may get a brief review.
File with the trust funds
Your executed bond and power of attorney arrive by email, ready to file with the Colorado Pipe Industry Trust Funds administration office. Wet-ink originals mailed on request.
What it is and who needs it.
What the fringe benefits bond actually guarantees
The Colorado Pipe Industry Trust Funds are the jointly administered, Taft-Hartley (multi-employer) health & welfare, pension, and annuity/salary-deferral trusts that cover pipe-trades workers under the collective bargaining agreement with UA Local 208. A signatory employer owes contributions to those funds on every hour a covered employee works, at the rates the CBA sets.
This bond is a contribution-guarantee bond: a three-party arrangement between the employer (the principal), a surety, and the trust funds (the obligee). If a bonded employer falls behind on required fringe-benefit contributions, the trustees can make a claim against the bond to recover what is owed, up to the bond's penal sum — and the employer then owes the surety for any amount paid out. It protects the workers' benefit accounts, not the employer.
This is a private, contractual requirement set by the trust agreement and the applicable CBA between signatory employers and the union — not a Colorado statute. The trustees (or your CBA) fix the amount, generally sized to a period of expected contributions; confirm your required figure with the trust funds' administration office before applying. Premiums are priced at 4% of the bond amount, $100 minimum, after a soft credit consent that never affects your score.
You need this bond if you are
One application, issued instantly.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. The pull never affects your score, and your price — 4% of the bond amount, $100 minimum — is set at application.
Start the application →Common questions.
Other Colorado bonds.
Trust fund filing without the holdup.
Premiums from $100, soft pull only. Enter the amount the trustees or your CBA set and file the same day.