A contractor signatory to an IBEW Local 369 agreement — the electrical workers' local covering Louisville, Lexington, Bowling Green and the wider Commonwealth — 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, with a soft pull only, never a hard inquiry.
















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:
Your company details, the bond amount Local 369 or the fund office set, and the effective date — that is the entire application.
Most bonds at this level generate the moment you pay. Larger amounts may get a quick soft-pull review that never affects your score.
Deliver the executed bond to the Electrical Workers Local 369 Benefit Funds Office to satisfy your signatory obligation. Wet-ink original mailed on request.
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.
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 →4% of the bond amount, $100 minimum, soft pull only. Enter the amount the fund office set and file the same day.