District of Columbia iron workers wage & welfare bonds.
$4,000 flat.
A contractor employing structural or ornamental ironworkers under the International Association of Bridge, Structural, Ornamental and Reinforcing Iron Workers' District-area collective bargaining agreement is required by the union's wage and welfare trust funds to post a $100,000 surety bond. Ours is $4,000 flat, and the price you see is the checkout price.
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How much does a District of Columbia iron workers wage & welfare bond cost?
$4,000 at the $100,000 amount, the same for every applicant.
Three steps. One sitting.
A union wage-and-welfare filing is one application, not a negotiation. Here's the entire process:
Apply online
Business details, contractor information, and an effective date. That's the application.
Pay & e-sign
Bonds like this are among the thousands of bond types that issue right after purchase. Issued when you pay. One soft credit pull, never a hard inquiry, and it never affects your score.
File with the trust funds
Your executed bond and power of attorney arrive by email, ready to file with the Iron Workers wage and welfare trust office as a condition of employing covered labor. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
The International Association of Bridge, Structural, Ornamental and Reinforcing Iron Workers represents ironworkers in the Washington, D.C. metro area, chiefly through Local 5. As a condition of employing union ironworkers under the applicable collective bargaining agreement, a contractor posts a wage and welfare bond to the union's joint trust funds.
It's a three-party arrangement: you (the principal), the surety carrier, and the Iron Workers' wage and welfare trust funds (the obligee), protecting covered members if the contractor falls short on wages, pension, health, or annuity contributions owed under the agreement.
It is not insurance for you — if the surety pays a claim against unpaid wages or benefit contributions, you repay the surety. The bond is required for the life of the labor agreement, so we track it and notify you ahead of renewal to keep the $100,000 filing continuous.
You need this bond if you're
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 $100,000 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; a longer term is the same price per year, chosen at checkout.
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
File with the trust funds. Your executed bond and power of attorney arrive by email, ready to file with the Iron Workers wage and welfare trust office as a condition of employing covered labor. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $4,000 at the $100,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or 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, issued instantly.
These are the actual issuing fields — the application includes a standard soft-pull credit consent, common to most bonds at this amount.
Start the application →Common questions.
Other District of Columbia bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
File your wage and welfare bond today.
$4,000 flat, soft-pull credit consent only, bond often issued in the same sitting. Free until issued.