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Illinois Painters DC 58 bonds.
From $100.

A painting or drywall contractor signatory to Painters District Council No. 58 must post security under Article XIII (Wage and Benefit Bond) of the council's working agreement, commonly a $15,000 surety bond or a certificate of deposit with the council. Premiums cost 4% of the bond amount, $100 minimum.

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Required by Article XIII of the Painters District Council No. 58 working agreement — not a state statute
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Commonly set at $15,000, or a CD with the council, per the working agreement
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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 58 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-and-fringe 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 your working agreement specified (commonly $15,000), and the effective date — plus a one-time credit consent that authorizes a soft pull only.

INSTANTLY

Approved

Most wage-and-fringe-benefits bonds clear instantly; the soft pull informs approval and never affects your score. Pricing is 4% of the bond amount, $100 minimum.

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. 58 per Article XIII. Wet-ink originals mailed on request.

About this bond

What it is and who needs it.

What the Painters DC 58 wage & fringe benefits bond actually guarantees

The Painters District Council No. 58 wage-and-fringe-benefits bond is the security a signatory employer posts under Article XIII (Wage and Benefit Bond) of the council's working agreement — a condition of the union contract, not a state licensing statute. It guarantees payment of wages, administrative dues check-off, and contributions to the fringe benefit plans the working agreement makes obligatory.

It is a three-party arrangement: the contractor (principal), the surety carrier, and Painters District Council No. 58 or its fringe benefit funds (obligee), protecting covered painters, drywall finishers, and glaziers across the council's Illinois, Missouri, Kentucky, and Tennessee jurisdiction. If an employer fails to pay wages or remit fund contributions, the council can claim against the bond; if the surety pays, the employer repays the surety.

The working agreement commonly sets the security at $15,000, with the option for an employer unable to post a bond of that size to instead pay 10% above the amounts due each month into the fringe benefit and dues check-off funds. 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. 58 working agreement, Article XIII (Wage and Benefit Bond) — not an Illinois statuteUnder Article XIII of the working agreement between Painters District Council No. 58 and signatory employers, an employer must post security — commonly a $15,000 surety bond or a certificate of deposit with the council — guaranteeing payment of wages, dues check-off, and fringe benefit fund contributions obligatory under the agreement. It is a private contractual condition of union signatory status, administered by the district council — confirm your required amount before applying.

You need this bond if you are

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A painting, drywall, or glazing contractor signatory to the Painters District Council No. 58 working agreement
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A new or renewing signatory employer the council or its fringe benefit funds is requiring to post or renew security
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A contractor bidding union-labor painting or finishing work in the council's multi-state jurisdiction
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Any employer the council has flagged for a bond in lieu of the 10%-above monthly payment option
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. 58 per Article XIII. 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 58 wage and fringe benefits bond cost?Premiums cost 4% of the bond amount, with a $100 minimum. Article XIII of the working agreement commonly sets the bond amount at $15,000; enter your figure and your exact price appears at the application.
What amount should I enter?Enter $15,000 unless the district council or your trust fund office has specified a different figure for your company. If you are unsure, confirm with the council before applying.
What does the bond guarantee?It guarantees a signatory employer's payment of wages, dues check-off, and contributions to the fringe benefit plans obligatory under the working agreement. If the employer fails to pay, the council's funds can claim against the bond.
Where do I file it?Deliver the executed bond to Painters District Council No. 58 per Article XIII of the working agreement.
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 your Article XIII amount and deliver it the same day.

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