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 — health, pension, and welfare — on top of the wages it pays covered carpenters. Premiums cost 2.5% of the bond amount, $100 minimum, after a quick soft credit check that never affects your score. Enter the amount the agreement requires and your exact price appears at the application.
















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:
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 entire application.
Most fringe benefits bonds clear quickly; the soft credit pull informs approval and never affects your score. Larger amounts may get a brief review.
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.
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.
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 →Premiums from $100, soft pull only. Enter the amount your agreement requires and file with Local 225 the same day.