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Illinois Painters DC 14 bonds.
From $100.

A painting contractor signatory to Painters District Council No. 14 is generally required, under the council's collective bargaining agreement, to post a wage-and-welfare bond securing wages, dues check-off, and benefit-fund contributions. The council sets the amount; premiums cost 4% of the bond amount, $100 minimum.

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Required by the Painters District Council No. 14 collective bargaining agreement — not a state statute
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Secures wages, dues check-off, and health & welfare / pension contributions owed to the trust funds
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One soft credit pull — never a hard inquiry, and it never affects your score
From $1004% of the bond amount, $100 minimumSoft pull onlynever a hard inquiryFastinstant underwriting for most
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does an Illinois Painters DC 14 bond cost?

4% of the bond amount, from $100. Enter your amount in the calculator for the exact price.

How it works

Three steps. One sitting.

No long underwriting queue for the standard union wage bond — enter your amount, consent to the soft pull, and deliver the bond to the district council. Here is the whole thing:

TODAY · ONLINE

Apply online

Your company details, the bond amount the district council specified, and the effective date — plus a one-time credit consent that authorizes a soft pull only.

INSTANTLY

Approved

Most wage-and-welfare bonds clear instantly; the soft pull informs approval and never affects your score. Pricing is 4% of the bond amount, $100 minimum. Larger amounts may get a brief review.

SAME DAY

File with the district council

Your executed bond and power of attorney arrive by email, ready to deliver to Painters District Council No. 14 or its trust fund administrator. Wet-ink originals mailed on request.

About this bond

What it is and who needs it.

What the Painters DC 14 wage & welfare bond actually guarantees

A wage-and-welfare bond is the security Painters District Council No. 14 requires from a signatory contractor as part of doing business under its collective bargaining agreement — it is a condition of the union contract and the associated trust agreements, not a state licensing statute. It backstops the contractor's core obligations to the workforce: wages actually earned, union dues check-off, and contributions to the health & welfare and pension trust funds the district council administers.

It is a three-party arrangement: the contractor (principal), the surety carrier, and the district council or its trust funds (obligee), protecting the covered painters. If a signatory contractor fails to remit wages or fund contributions as required, the trust funds or the council can claim against the bond; if the surety pays, the contractor repays the surety. It is a labor-trust backstop, not general liability coverage.

There is no single statewide figure — the amount is set by the district council under the CBA, commonly scaled to a contractor's workforce or hours reported. Enter the amount your council specified; your premium is priced from a $100 minimum after a one-time credit consent that authorizes a soft pull only.

Painters District Council No. 14 collective bargaining agreement — not an Illinois statuteThis bond is required under the collective bargaining agreement between Painters District Council No. 14 and signatory employers, which funds the council's health & welfare and pension trusts. It is a private contractual condition of union signatory status, administered by the district council and its trust fund office — confirm your required amount with the council before applying.

You need this bond if you are

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A painting contractor signatory to the Painters District Council No. 14 collective bargaining agreement
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A new or renewing signatory employer the district council or trust fund is requiring to post or renew security
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A contractor bidding union-labor painting work in the council's Illinois jurisdiction
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Any employer the trust fund has flagged for a bond in lieu of a cash deposit or letter of credit
After you buy

Claims, renewal, filing, and what sets the price.

If a claim is made

A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.

The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The premium covers a one-year term from the effective date you choose.

Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.

How to file it

File with the district council. Your executed bond and power of attorney arrive by email, ready to deliver to Painters District Council No. 14 or its trust fund administrator. Wet-ink originals mailed on request.

What sets the price

The premium is 4% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.

One soft credit pull, never a hard inquiry, and it never affects your score.

Where a check runs, it decides approval; the rate is the same for everyone approved.

One application, issued fast.

These are the actual underwriting fields, including a one-time credit consent that authorizes a soft pull only. It never affects your score, and your price — from a $100 minimum — is set at application.

Start the application →
FAQ

Common questions.

How much does the Painters DC 14 wage and welfare bond cost?Premiums cost 4% of the bond amount, with a $100 minimum. The amount itself is set by Painters District Council No. 14 under its collective bargaining agreement — enter that figure and your exact price appears at the application.
What amount should I enter?Use the bond amount the district council or trust fund office specified for your company. If you are unsure of the figure, ask the council before applying.
What does the bond guarantee?It guarantees a signatory contractor's core union obligations — wages actually earned, dues check-off, and contributions to the district council's health & welfare and pension trust funds. If the contractor fails to remit as required, the trust funds can claim against the bond.
Where do I file it?Deliver the executed bond to Painters District Council No. 14 or the applicable trust fund administrator, per your signatory paperwork.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score. Your premium itself is priced at 4% of the bond amount, with a $100 minimum.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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Price and requirements checked on the carrier’s application, . Page updated .

Stay signatory without the bond holdup.

Premiums from $100, soft pull only. Enter the amount the district council specified and deliver it the same day.

Your premiumfrom $100
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