A contractor who signs the General Laborers' District Council of Chicago and Vicinity collective bargaining agreement must post a wage-and-welfare bond securing the wages, fringe benefits, and trust-fund contributions owed to Council members. The Council sets the bond amount under your agreement; the premium is 2% of the bond amount, $100 minimum, after a soft credit pull that never affects your score.
















No lengthy underwriting queue for a wage-and-welfare bond of this size — enter your amount, consent to a soft pull, and file with the Council. Here is the whole thing:
Your business details, the bond amount your agreement requires, and the effective date — plus a one-time consent to a soft credit pull.
The soft pull informs approval and never affects your score; pricing is 2% of the bond amount, $100 minimum. Larger amounts may get a brief review.
Your executed bond and power of attorney arrive by email, ready to file with the General Laborers' District Council of Chicago. Wet-ink originals mailed on request.
The General Laborers' District Council of Chicago and Vicinity (affiliated with LIUNA) negotiates collective bargaining agreements covering wages, health and welfare contributions, and pension contributions for laborers working on signatory jobs across the Chicago area. Many of those agreements condition a contractor's signatory status on posting a wage-and-welfare bond — sometimes called a fringe-benefit bond — that backs the wages and fund contributions the contractor owes.
It is a three-party arrangement: you (the principal, a signatory contractor), the surety carrier, and the Council or its affiliated trust funds (the obligee), protecting Council members and the benefit funds. If a signatory contractor fails to pay the wages or fund contributions the agreement requires, the Council or the funds can make a claim against the bond up to its face amount.
It is not insurance for you — if the surety pays a claim, you repay the surety. This is a private contractual requirement under your CBA, not a state statute, so the exact bond figure comes from your agreement with the Council or its business agent, not a fixed dollar amount in Illinois law.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. The pull never affects your score, and your price is set at application.
Start the application →2% of the bond amount, $100 minimum, priced at the application. Soft pull only. Free until issued.