Kentucky IBEW 369 benefit fund bonds.
From $100.
A contractor signatory to an IBEW Local 369 agreement can be required to post a bond securing the contributions owed to the union's benefit and retirement funds on covered work. Local 369 or the fund office sets the amount; the premium runs 4% of the bond amount, $100 minimum.
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How much does a Kentucky IBEW 369 benefit fund bond cost?
4% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No long underwriting queue for the standard fund security bond — enter your amount, pay, and deliver it to the fund office. Here is the whole thing:
Apply online
Your company details, the bond amount Local 369 or the fund office set, and the effective date — that is the application.
Issued on the spot
Most bonds at this level generate the moment you pay. Larger amounts may get a quick soft-pull review that never affects your score.
File with the fund office
Deliver the executed bond to the Electrical Workers Local 369 Benefit Funds Office to satisfy your signatory obligation. Wet-ink original mailed on request.
What it is and who needs it.
What the fund bond actually secures
IBEW Local 369 represents electrical workers across Kentucky and several Indiana counties, with its benefit funds administered out of a fund office in Louisville. A contractor who signs a Local 369 collective-bargaining or letter-of-assent agreement takes on contribution obligations to the union's health, benefit, and retirement funds for every hour its covered employees work — and the local, or the fund office it works with, can require a surety bond as security that those contributions get paid.
It's a three-party arrangement: you (the principal, the signatory contractor), the surety carrier, and Local 369 or its benefit funds (the obligee). If contributions go unpaid and a claim is made, the fund recovers against the bond up to its penal sum — and if the surety pays, you repay the surety. This is a private, contract-based requirement, not a Kentucky statute.
The bond amount is whatever Local 369 or the fund office specifies in your signatory paperwork — there is no fixed statewide figure. Confirm the amount with the fund office before applying; we issue whatever the agreement requires, from $100.
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 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 fund office. Deliver the executed bond to the Electrical Workers Local 369 Benefit Funds Office to satisfy your signatory obligation. Wet-ink original 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 instantly.
These are the actual issuing fields — enter the bond amount Local 369 or the fund office set, and the application runs a soft pull only, never a hard inquiry.
Start the application →Common questions.
Other Kentucky bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Satisfy your Local 369 fund security requirement.
4% of the bond amount, $100 minimum, soft pull only. Enter the amount the fund office set and file the same day.