IL ironworkers Local 1 wage bonds.
$600 flat.

A structural, ornamental, or reinforcing ironworking contractor that signs on as a signatory employer with the International Association of Bridge, Structural, Ornamental and Reinforcing Iron Workers Local No. 1 agrees to remit wages on every covered hour worked. When the local requires a bond to secure that obligation, ours is $600 flat for the $15,000 bond — the price you see is the checkout price, after a soft credit consent that never affects your score.

Required by Ironworkers Local No. 1 as security for a signatory contractor's wage obligations — a union filing requirement, not an Illinois statute
Fixed price, fixed amount — $15,000 bond, $600, no quote process
Multi-year terms available — set it up once for up to 3 years
Instantissued the moment you paySoft pull onlynever a hard inquiryA-ratedA.M. Best carriers
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Three steps. One sitting.

A wage bond for a single local is about the simplest thing in surety. Here's the entire process:

NOW · ONLINE

Apply online

Business details, the effective date, and a one-time consent to a soft credit pull. No financials, no follow-up scavenger hunt.

MINUTES, USUALLY

Pay & e-sign

Wage 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 1

Your executed bond and power of attorney arrive by email, ready to file with Ironworkers Local No. 1's business office in Forest Park. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

Ironworkers Local No. 1, headquartered in Forest Park, Illinois, is one of the oldest locals of the International Association of Bridge, Structural, Ornamental and Reinforcing Iron Workers, covering bridge, structural, and ornamental ironworking in the Chicago area. A signatory ironworking employer agrees, under its collective bargaining agreement with the local, to remit wages on every hour a covered employee works. When the local requires a bond to secure that obligation, this is the filing.

It's a three-party arrangement: you (the principal), the surety carrier, and Ironworkers Local No. 1 (the obligee), with the covered ironworkers' wages as the protected interest. If a signatory employer falls behind on required wage payments, the local can make a claim against the bond to recover what is owed.

It is not insurance for you — if the surety pays a claim, you repay the surety. This is a private, contractual requirement set by the local and its collective bargaining agreement, not an Illinois statute or ordinance, so confirm the exact figure and filing address with the local's business office before applying.

Ironworkers Local No. 1 (CBA — not an Illinois statute)This bond is required under the collective bargaining agreement Ironworkers Local No. 1 negotiates with signatory contractors, not by an Illinois statute or regulation. It secures a signatory employer's obligation to pay wages owed on covered hours worked. Confirm your required bond amount and filing details directly with the local's business office.

You need this bond if you're

An ironworking contractor signing on as signatory with Ironworkers Local No. 1
Asked by the local to post security for your wage obligations
A new signatory employer establishing a payment history with the local
Renewing an existing wage bond at the local's request

One application, issued instantly.

These are the actual issuing fields, including a one-time consent to a soft credit pull that never affects your score.

Start the application →
FAQ

Common questions.

How much is the Ironworkers Local 1 wage bond?The premium is $600 flat — set by our carrier's rate book for this bond, the same for every signatory employer. The $15,000 bond amount is set by the local's filing requirement, so there is no quote process.
Do I pay the $15,000?No. You pay $600. The $15,000 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?Wage bonds like this are among the thousands of bond types that issue right after purchase — many employers 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 credit pull only — a soft inquiry that never affects your score. No hard inquiry ever runs on this bond.
Who do I file the bond with?You file the executed bond with Ironworkers Local No. 1's business office in Forest Park, Illinois — not a state agency. The local holds and administers the wage obligations this bond secures.
Is this the same as the $250,000 Iron Workers Local 1 bond?No. Local 1 uses two bond forms: this $15,000 wage contribution bond ($600) and a <a href="/bonds/illinois/iron-workers-local-1-wage-bond">$250,000 wage-and-fringe-benefit bond</a> ($10,000). Your signatory agreement or the fund office tells you which one your company files.
Related bonds

Other Illinois bonds.

File your Local 1 wage bond today.

$600 flat, soft pull only, bond often issued in the same sitting. Free until issued.

Your price$600
Apply now →