Indiana laborers fringe benefit bonds.
$1,200 flat.
Any contractor signatory to a collective bargaining agreement with the Indiana Laborers District Council (ILDC) must post a $30,000 bond guaranteeing contributions to the Welfare, Pension, Training, and ILDC trust funds administered for the council's ten Indiana local unions. Ours is $1,200 flat — the price you see is the checkout price.
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How much does an Indiana laborers fringe benefit bond cost?
$1,200 at the $30,000 amount, the same for every applicant.
Three steps. One sitting.
Union wage and fringe-benefit bonds are about the simplest thing in surety once the amount is fixed. Here's the entire process:
Apply online
Business details and an effective date. That's the application — no financials, and only a soft pull if one ever runs.
Pay & e-sign
Bonds at a fixed amount like this are among the thousands of bond types that issue right after purchase. Issued when you pay. One soft credit pull, never a hard inquiry, and it never affects your score.
File with the ILDC
Your executed bond and power of attorney arrive by email, ready to file with the Indiana Laborers District Council or its trust fund office. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
The Indiana Laborers District Council (ILDC), a LiUNA-affiliated council representing ten local unions across the state, jointly administers Welfare, Pension, Training, and Central Laborers Annuity trust funds for its members. A contractor who signs the council's collective bargaining agreement to hire union laborers agrees to make regular monthly contributions to these funds for every hour worked.
The fringe-benefits bond backs that promise. It's a three-party arrangement: you (the principal) as the signatory contractor, the surety carrier, and the ILDC trust funds as the obligee. If a signatory contractor falls behind on contributions owed under the agreement, the trust funds can make a claim against the bond up to its $30,000 limit.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond must stay active for the life of your signatory status, so we track it and notify you 60 and 30 days out to keep your $30,000 filing continuous.
You need this bond if you're
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 $30,000 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; a longer term is the same price per year, chosen at checkout.
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 ILDC. Your executed bond and power of attorney arrive by email, ready to file with the Indiana Laborers District Council or its trust fund office. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $1,200 at the $30,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or 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, fast issuance.
These are the actual issuing fields — the application only runs a soft pull if a check is ever needed.
Start the application →Common questions.
Other Indiana bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your ILDC signatory filing today.
$1,200 flat, soft pull only, bond often issued in the same sitting. Free until issued.