SMW Local 20 wage & fringe bonds.
4% of the bond amount.
Sheet Metal Workers International Association Local 20 — the SMART (Sheet Metal, Air, Rail and Transportation Workers) local headquartered in Evansville and serving sheet metal and HVAC contractors across its Indiana jurisdiction — requires signatory contractors to post a wage and fringe benefits bond guaranteeing union-scale wages and contributions to the local's benefit funds. This is a private requirement of Local 20's collective bargaining agreement, not an Indiana statute. Premiums cost 4% of the bond amount, $100 minimum. Enter the amount your signatory agreement requires and your exact price appears at the application.
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Apply to filed in one sitting.
No long underwriting queue for the standard wage and fringe bond — enter your amount, consent to a soft pull, and file with the local. Here is the whole thing:
Apply online
Your company details, the bond amount your Local 20 agreement requires, and the effective date — plus a one-time consent to a soft credit pull.
Approved
Most wage and fringe bonds clear quickly. The application includes a credit consent, but it authorizes a soft pull only — a soft inquiry that never affects your score. Larger amounts may get a brief review.
File with the local
Your executed bond and power of attorney arrive by email, ready to file with SMW Local 20 so your signatory status stays current. Wet-ink originals mailed on request.
What it is and who needs it.
What the wage & fringe bond actually guarantees
Sheet Metal Workers International Association Local 20 is a SMART-affiliated local, headquartered in Evansville, representing sheet metal, HVAC, and related trades workers across its Indiana jurisdiction. Contractors who sign Local 20's collective bargaining agreement agree to pay union-scale wages and to remit contributions to the local's fringe benefit funds — health & welfare, pension, and apprenticeship and training.
The wage and fringe benefits bond backs that promise. If a signatory contractor falls behind on wages or fund contributions, Local 20 (as obligee) can make a claim against the bond up to its face amount to recover what is owed to members and the funds — and if the surety pays the claim, the contractor repays the surety. It functions like a mini-Miller Act bond, but the requirement comes from the union contract, not a state or federal statute.
There is no single statutory figure — the amount is whatever Local 20 sets for a given signatory contractor, often tied to expected payroll and benefit exposure. Enter the amount your agreement calls for; premiums are priced at 4% of the bond amount, $100 minimum, after a one-time soft credit consent that never affects your score.
You need this bond if you are
One application, then a quick review.
Submit the application with the bond amount your Local 20 agreement requires. Most clear quickly; larger amounts may get a brief underwriter review, usually within 48 hours.
Start the application →Common questions.
Other Indiana bonds.
Local 20 signatory status, one bond away.
Premiums from $100, priced at 4% of the bond amount. Enter your required figure and file with the local.