This bond is required by International Association of Bridge, Structural, Ornamental &amp; Reinforcing Iron Workers, Local Union No. 1 as a condition of the collective bargaining agreement a contractor signs to perform signatory ironwork in the Chicago area — it is a private union/trust-fund requirement, not a state or municipal law. Local 1 sets the required bond amount by the signatory contractor's covered headcount; this page is the $125,000 filing tier. Confirm your required tier with Local 1 or the fund office before applying.

What the wage & welfare bond actually guarantees

You need this bond if you are

Bonds at this tier clear quickly for most applicants; the soft pull informs approval and never affects your score. At most, 1–2 business days before your executed bond arrives by email.

$5,000 flat for the IL Iron Workers Local 1 Wage & Welfare Bond ($125,000 tier), posted by a signatory contractor with 21-40 covered employees. Apply now.

Int'l Assoc. of Bridge, Structural, Ornamental & Reinforcing Iron Workers Local No. 1 Wage & Welfare Bond ($125,000)

Int'l Assoc. of Bridge, Structural, Ornamental & Reinforcing Iron Workers Local No. 1 - $125,000

Final premium can vary based on underwriting factors

How this works?

If you are a non profit select Corporation

All future bond correspondence and renewals will be sent to this address

Clear pricing.Instant issuance.