District of Columbia IBEW Local 26 trust funds bonds.
From $100.
A contractor signatory to the IBEW Local Union 26 agreement posts this bond so the payroll deductions and fund contributions it reports each month reach the Local 26, IBEW-NECA Joint Trust Funds. It is a collective bargaining obligation, not a D.C. licensing requirement. Premiums cost 4% of the bond amount, $100 minimum.
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How much does a District of Columbia IBEW Local 26 trust funds bond cost?
4% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
A letter of assent usually comes with a start date attached, and the fund office wants the bond in hand before the first monthly report. This one is built to move:
Apply online
Your company details, years in business, the bond amount the fund office named, an effective date, and the credit consent that authorizes a soft pull. That is the application.
Issued
Most applications approve instantly. The credit consent authorizes a soft inquiry that never affects your score, and no hard inquiry ever runs on this bond.
Send it to the fund office
Your executed bond and power of attorney arrive by email, ready to send to the Local 26, IBEW-NECA Joint Trust Funds office that administers the plans and collects the monthly reports. Wet-ink original mailed on request.
What it is and who needs it.
What the trust funds bond actually guarantees
When an electrical contractor signs the IBEW Local Union 26 inside agreement, it takes on negotiated payroll deductions and employer contributions on top of wages. The bond form itself — titled "Guaranteed Payment for Bond for Submission of Reports and Payments of Obligations to These Joint Funds" — names the five funds it secures: the National Electric Benefit Fund (NEBF), the Electrical Welfare Trust Fund, the Electrical Workers Local 26 Pension Trust Fund, the Electrical Workers Local 26 Joint Apprenticeship and Training Fund, and the Electrical Workers Local 26 Individual Account Fund — collectively the Local 26, IBEW-NECA Joint Trust Funds, obligee at 6220 Kansas Avenue, N.E., Washington, D.C. 20011.
The obligee is the Local 26, IBEW-NECA Joint Trust Funds at 6220 Kansas Avenue, N.E., Washington, D.C.
The bond form sets each report and payment as due on or before the 30th day after the calendar month for which it is owed; miss that date and the report or payment is delinquent. Once the Fund Manager certifies a delinquency, the surety pays the trust funds a pro-rata share of the bonded sum across the five funds, then seeks reimbursement from the contractor for the shortfall, liquidated damages, interest, and the funds' attorney, accountant, and audit costs. The bond runs continuously from acceptance to expiration; the surety may cancel future liability only on 90 days' written notice to both the contractor and the trust funds, and never in the bond's first year. A claim must be brought within one year of the bond's expiration or cancellation.
This is a private, contractual bond, not a District of Columbia licensing requirement — no D.C. agency issues it or receives it. The obligation runs from the collective bargaining agreement between the contractor and IBEW Local Union 26, and the bond form leaves the covered sum blank for the fund office to fix, so it is sized to the contractor's payroll and expected contribution exposure rather than a flat statutory number. The contractor also cannot cancel the bond without the trust funds' approval — if it tries to, the form makes the contractor's owners and principal shareholders personally guarantee the amounts owed. We price the bond from a $100 minimum at 4% of the amount the fund office sets, and the application includes only a soft credit consent — never a hard inquiry.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
Issued. Most applications approve instantly. The credit consent authorizes a soft inquiry that never affects your score, and no hard inquiry ever runs on this bond.
What sets the price
The premium is 4% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
One soft credit pull, never a hard inquiry, and it never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, priced on the spot.
These are the actual issuing fields. The credit consent authorizes a soft pull only — a soft inquiry that never affects your score.
Start the application →Common questions.
Other District of Columbia bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Signatory status waiting on one bond.
4% of the bond amount, $100 minimum. Enter the sum the fund office named and send it to the Local 26, IBEW-NECA Joint Trust Funds office the same day. Free until issued.