Georgia Carpenters Local 225 bonds.
From $100.
A contractor signatory to a collective bargaining agreement with Carpenters Local Union No. 225 posts this bond to guarantee its contributions to the union’s fringe benefit funds on top of the wages it pays covered carpenters. The agreement sets the amount, and premiums cost 2.5% of the bond amount, $100 minimum.
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How much does a Georgia Carpenters Local 225 bond cost?
2.5% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No long underwriting queue for the standard fringe benefits bond — enter your amount, consent to a soft pull, and file with the union. Here is the whole thing:
Apply online
Your company details, the bond amount your agreement requires, the effective date, and a one-time consent to a soft credit pull — that is the application.
Approved
Most fringe benefits bonds clear quickly; the soft credit pull informs approval and never affects your score. Larger amounts may get a brief review.
File with Local 225
Your executed bond and power of attorney arrive by email, ready to file with Carpenters Local Union No. 225 or its fringe benefit fund administrator. Wet-ink originals mailed on request.
What it is and who needs it.
What the Carpenters Local 225 fringe benefits bond actually guarantees
A fringe benefits bond — sometimes called a wage-and-welfare bond — is the financial guarantee a union local requires of a signatory contractor: a contractor bound by a collective bargaining agreement to employ covered carpenters. It backs the contractor’s obligation to pay wages and to make timely, complete contributions to the union’s fringe benefit trust funds — typically health, pension, and welfare.
It is a three-party arrangement: the contractor (the principal), the surety carrier, and Carpenters Local Union No. 225 or its fringe benefit fund (the obligee), protecting the covered workers whose benefits depend on those contributions actually arriving. If a signatory contractor falls short, the union can claim against the bond, and if the surety pays, the contractor repays the surety. This is a private contractual requirement created by the collective bargaining agreement — not a Georgia statute.
The bond amount is set by the collective bargaining agreement rather than a fixed statutory figure, and can vary with the size of a contractor’s workforce or the license or scope of work involved. Enter the amount your agreement or Local 225 quoted you; premiums are priced from a $100 minimum after a quick soft credit check that never affects your score.
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
File with Local 225. Your executed bond and power of attorney arrive by email, ready to file with Carpenters Local Union No. 225 or its fringe benefit fund administrator. Wet-ink originals mailed on request.
What sets the price
The premium is 2.5% 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, issued instantly.
These are the actual underwriting fields, including your company details and a one-time consent to a soft credit pull. The pull never affects your score, and your price — from a $100 minimum — is set at application.
Start the application →Common questions.
Other Georgia bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Signatory status without the paperwork delay.
Premiums from $100, soft pull only. Enter the amount your agreement requires and file with Local 225 the same day.