Iowa IBEW Local 145 wage bonds.
2% of the bond amount.

IBEW Local 145 — the electrical workers' local covering Cedar, Clinton, Jackson, Muscatine, and Scott counties in eastern Iowa (and adjoining Illinois counties across the Quad Cities) — requires a signatory electrical contractor to post a wage and fringe benefit bond guaranteeing payment of union-scale wages and contributions to the local's benefit funds. This is a private requirement of the collective bargaining agreement, not an Iowa statute. Premiums cost 2% 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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Required under the IBEW Local 145 collective bargaining agreement as a condition of signatory contractor status

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Guarantees union-scale wages and fringe benefit fund contributions specified in the agreement

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From $100, priced at 2% of the bond amount — enter your required figure and see your price at application

2% of bond amount$100 minimumSoft pull onlynever a hard inquiryFastinstant underwriting for most

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How it works

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:

TODAY · ONLINE

Apply online

Your company details, the bond amount Local 145 set, and the effective date — plus a one-time consent to a soft credit pull.

INSTANTLY

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.

SAME DAY

File with the local

Your executed bond and power of attorney arrive by email, ready to file with IBEW Local 145's benefit fund office. Wet-ink originals mailed on request.

About this bond

What it is and who needs it.

What the Local 145 wage & benefits bond actually guarantees

IBEW Local 145 represents electrical workers across the Quad Cities — its Iowa jurisdiction covers Cedar, Clinton, Jackson, Muscatine, and Scott counties, alongside adjoining Illinois territory. A signatory electrical contractor covered by the local's collective bargaining agreement is required to post a wage and fringe benefit bond guaranteeing timely payment of covered wages and remittance of contributions to the local's benefit funds.

It is a three-party arrangement: you (the principal), the surety carrier, and IBEW Local 145 and its benefit funds (the obligee / protected party). If a signatory contractor fails to pay covered wages or fund contributions, the local can recover against the bond — and if the surety pays, the contractor repays the surety. It is not insurance for you; it is a payment guarantee for your workers and the funds.

There is no single statutory amount — the requirement arises from the applicable collective bargaining agreement, and the local sets the figure per contractor, generally scaled to covered payroll. Enter the amount your signatory agreement requires; we price the bond at 2% of that amount, $100 minimum, and the application includes a credit consent that authorizes a soft pull only.

IBEW Local 145 — collective bargaining agreement requirementThis bond is required by IBEW Local 145 (covering Cedar, Clinton, Jackson, Muscatine, and Scott counties in Iowa, and adjoining Illinois territory across the Quad Cities) as a condition of a signatory electrical contractor's participation under the applicable collective bargaining agreement, guaranteeing payment of covered wages and fringe benefit fund contributions. It is a private union requirement, not an Iowa statute. Confirm your required bond amount directly with the local's benefit fund office.

You need this bond if you are

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A contractor signatory to the IBEW Local 145 CBA covering electrical work within its Iowa jurisdiction

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Employing electricians whose hours are reported to the local's benefit funds and required to bond your wage obligations

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Renewing a wage and fringe bond that is expiring or that a new payroll figure has resized

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Bidding covered electrical work in the Quad Cities area that conditions the job on this bond

One application, then a quick review.

Submit the application with the bond amount Local 145 set on your signatory agreement. Most clear quickly; larger amounts may get a brief underwriter review, usually within 48 hours.

Start the application →

FAQ

Common questions.

How much is the IBEW Local 145 wage & benefits bond?Premiums cost 2% of the bond amount, with a $100 minimum. The amount itself is set by Local 145 per contractor, generally scaled to your covered payroll — there is no single statutory figure. Enter the amount your signatory agreement requires and your exact price appears at the application.

What amount should I enter?The figure your IBEW Local 145 signatory agreement specifies. If you are unsure, ask the local's benefit fund office before applying — we price whatever amount you enter.

What does the bond guarantee?That you pay covered union-scale wages and remit the required contributions to IBEW Local 145's benefit funds. If you fall short, the local can claim against the bond, and if the surety pays, you repay the surety.

Is there a credit check?The application includes a credit consent, but it authorizes a soft pull only — a soft inquiry that never affects your score. No hard inquiry ever runs on this bond. Larger bond amounts may get a brief underwriter review.

Where do I file it?With IBEW Local 145's benefit fund office, as part of your signatory contractor paperwork. Your executed bond and power of attorney arrive by email, ready to file — wet-ink originals mailed on request.

Related bonds

Other Iowa bonds.

Local 145 signatory status waiting on one bond.

Premiums from $100, priced at 2% of the bond amount. Enter your required figure and file with the local the same day.

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Your premiumfrom $100

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Iowa IBEW Local 145 wage bonds.2% of the bond amount.