A contractor signatory to a collective bargaining agreement with Carpenters Local Union No. 283 (Augusta) posts this $20,000 bond to guarantee its wages and contributions to the union’s fringe benefit funds — ours is $400 flat, and the price you see is the checkout price. The application includes a credit consent, but it authorizes a soft credit pull only — a soft inquiry that never affects your score. No hard inquiry ever runs on this bond.
















This is a fixed-amount, fixed-price fringe benefits bond. Here’s the entire process:
Company details, an effective date, and a one-time consent to a soft credit pull — that’s the application.
Fringe benefits bonds at this fixed amount are among the bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond and power of attorney arrive by email, ready to file with Carpenters Local Union No. 283 or its fringe benefit fund administrator. Wet-ink original 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. Carpenters Local Union No. 283, based in Augusta and affiliated with the United Brotherhood of Carpenters and Joiners of America, sets this bond at a fixed $20,000 for the accounts it covers.
It is a three-party arrangement: the contractor (the principal), the surety carrier, and Carpenters Local Union No. 283 or its fringe benefit trust funds (the obligee), protecting the covered workers whose benefits depend on those contributions actually arriving. If a signatory contractor falls short on wages or fund contributions, 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 $20,000 amount and the $400 premium are fixed for this bond; if your agreement calls for a different bond amount, confirm it with Local 283 or your fringe benefit fund administrator before applying.
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.
Start the application →$400 flat, soft pull only. Free until issued.