IBEW Local 196 wage & dues bonds.
$1,025 flat.

An electrical contractor signatory to the IBEW Local 196 collective bargaining agreement, covering the outside-line jurisdiction based in Batavia, files a $50,000 bond guaranteeing wage payments and union dues checkoff — ours is $1,025 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.

Required of IBEW Local 196 signatory contractors under the Local’s collective bargaining agreement
Fixed price, fixed amount — $50,000 bond, $1,025, no quote process
Multi-year terms available — set it up once for up to 3 years
A-ratedA.M. Best carriersSoft pull onlynever a hard inquiry1–3 yrterms available
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BDG
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Triple Five
Georgetown
How it works

Three steps. One sitting.

Union wage bonds follow a short, standard process. Here's the entire thing:

NOW · ONLINE

Apply online

Business details and an effective date. That's the application — no financials, no lengthy underwriting file.

MINUTES, USUALLY

Pay & e-sign

Bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.

SAME DAY

File with Local 196

Your executed bond and power of attorney arrive by email, ready to send to the Local 196 union office as proof of coverage. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

IBEW Local 196 — headquartered in Batavia and covering outside-line electrical work across a swath of northern Illinois counties — requires signatory contractors to post a bond backing their obligation to pay agreed union wages and to remit union dues withheld from members' pay (dues checkoff) under the Local's collective bargaining agreement (CBA). The bond amount is set at $50,000.

It's a three-party arrangement: you (the principal), the surety carrier, and Local 196 (the obligee), protecting the union linemen and technicians whose wages and withheld dues depend on the CBA being honored. If a signatory contractor falls behind on either obligation, the Local can make a claim against the bond.

It is not insurance for you — if the surety pays a claim, you repay the surety. The bond must stay in force for as long as you remain a signatory employer, so we track it and notify you 60 and 30 days out to keep your $50,000 filing continuous.

IBEW Local 196 collective bargaining agreementThis bond is not required by an Illinois statute — it is a condition of the collective bargaining agreement between IBEW Local Union No. 196 and its signatory contractors. The Local's business office sets and administers the $50,000 wage-and-dues bond requirement and can confirm the exact terms for your agreement.

You need this bond if you're

Signing the IBEW Local 196 collective bargaining agreement for the first time as a signatory contractor
Renewing your wage & dues bond and your current filing is expiring or non-renewing
Expanding into Local 196 territory from a neighboring IBEW jurisdiction
Reinstating a lapsed bond filing after a gap in signatory status

One application, issued instantly.

These are the actual issuing fields — a short credit consent, business details, and an effective date.

Start the application →
FAQ

Common questions.

How much is the IBEW Local 196 wage and union dues bond?The premium is $1,025 flat — set by our carrier's rate book for this bond. The $50,000 bond amount is set by the Local 196 collective bargaining agreement, so there is no quote process.
Do I pay the $50,000?No. You pay $1,025. The $50,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.
How fast will I have the bond?Bonds like this are among the thousands of bond types that issue right after purchase — many contractors finish the application and have the bond in the same sitting. At most, 1–2 business days.
Is there a credit check?The application includes a credit consent, but it authorizes a soft pull only — a soft inquiry that won't affect your score. No hard inquiry ever runs on this bond.
What does "union dues" coverage mean here?It means the bond also backs your obligation to remit dues you withhold from members' paychecks (dues checkoff) to Local 196 — not just the wages themselves. Both obligations sit under the same $50,000 bond.
Related bonds

Other Illinois bonds.

Stay in good standing with Local 196.

$1,025 flat, soft pull only, bond often issued in the same sitting. Free until issued.

Your price$1,025
Apply now →