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Local 452 wage & welfare bonds.
From $100.

A contractor signatory to Plumbers and Pipefitters Local No. 452’s collective bargaining agreement may have to post a wage and welfare bond guaranteeing the contributions it owes the union’s trust funds. The requirement is contractual, not a Kentucky statute. The bond is priced at 4% of the bond amount, $100 minimum.

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Required of contractors signatory to Local 452’s collective bargaining agreement who employ its members
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Guarantees wage, pension, and fringe-benefit contributions owed to the union’s wage and welfare trust funds
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4% of the amount, $100 min — enter the bond amount your agreement requires and see your exact price at application
4% rate$100 minimum, set by bond amountSoft pull onlynever a hard inquiryFastoften issued the same purchase
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does a Local 452 wage & welfare bond cost?

4% of the bond amount, from $100. Enter your amount in the calculator for the exact price.

How it works

Three steps. One sitting.

No underwriting queue for the standard wage and welfare bond — enter your amount, pay, and file with the trust funds. Here is the whole thing:

TODAY · ONLINE

Apply online

Your company details, the bond amount your agreement with Local 452 requires, and the effective date — that is the application.

INSTANTLY

Issued on the spot

No waiting — the executed bond is generated as soon as you pay, after a quick soft credit pull that never affects your score. Larger amounts may get a brief review.

SAME DAY

File with the trust funds

Submit the executed bond to Local 452’s wage and welfare trust funds to satisfy your signatory obligation. Wet-ink originals mailed whenever the funds insist.

About this bond

What it is and who needs it.

What the wage and welfare bond actually guarantees

Plumbers and Pipefitters Local No. 452 is a Kentucky affiliate of the United Association of plumbers, pipefitters, and related trades. When a contractor signs the union’s collective bargaining agreement to employ Local 452 members, it also agrees to make regular wage, pension, health, and other fringe-benefit contributions to the union’s wage and welfare trust funds on their behalf.

A wage and welfare bond is a private, contractual requirement — not a state statute — that some signatory contractors are asked to post so the trust funds have a surety backstop if the contractor falls behind on its contribution obligations. It is a three-party arrangement: the contractor (principal), the surety, and the trust funds (obligee), protecting the workers whose wages and benefits depend on those contributions.

There is no single statewide amount — the bond amount is set by your specific agreement with Local 452 or the trust funds administering the collective bargaining agreement. If the trust funds go unpaid and a claim is made, the trust funds can recover against the bond up to its amount — and if the surety pays, the contractor repays the surety. Enter the figure your agreement requires; we price the bond from a $100 minimum after a quick soft credit check that never affects your score.

Plumbers and Pipefitters Local No. 452 collective bargaining agreementThis bond is a private, contractual requirement arising from the collective bargaining agreement between Plumbers and Pipefitters Local No. 452 and signatory contractors, not a Kentucky statute or regulation. It guarantees a signatory contractor’s wage, pension, and fringe-benefit contribution obligations to the union’s wage and welfare trust funds, in an amount set by the agreement or the trust funds themselves. Confirm the required bond amount and terms directly with Local 452 or the administrator of its trust funds.

You need this bond if you are

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A contractor signatory to Local 452’s CBA asked by the union or trust funds to post a bond
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Bidding a project that requires proof of a wage and welfare bond as a condition of using union labor
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Renewing an existing agreement with Local 452 and the trust funds require a current bond on file
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A new signatory employer establishing standing with the union’s benefit funds for the first time
After you buy

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 trust funds. Submit the executed bond to Local 452’s wage and welfare trust funds to satisfy your signatory obligation. Wet-ink originals mailed whenever the funds insist.

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 on the spot.

Submit the application with the bond amount your agreement with Local 452 requires — the executed bond is generated instantly, ready to file with the trust funds.

Start the application →
FAQ

Common questions.

How much is the Local 452 wage and welfare bond?The bond is priced at 4% of the bond amount, $100 minimum. The amount itself is set by your collective bargaining agreement with Local 452 or its trust funds — there is no single statewide figure. Enter that amount and your exact price appears at the application.
What amount should I enter?Use the bond amount your agreement with Plumbers and Pipefitters Local No. 452 or its wage and welfare trust funds specifies. If you are unsure of the figure, ask the trust fund administrator or send us your agreement and we will confirm.
Is this required by Kentucky law?No — this is a private, contractual requirement that arises from your collective bargaining agreement with Local 452, not a state statute. The trust funds set and enforce it as a condition of your signatory status.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score.
What does the bond guarantee?It guarantees the wage, pension, and fringe-benefit contributions you owe Local 452’s wage and welfare trust funds under your collective bargaining agreement. If you fall behind and the funds are harmed, they can claim against the bond — and if the surety pays, you repay the surety.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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Price and requirements checked on the carrier’s application, . Page updated .

Meet your signatory obligation.

Pricing from $100. Enter the bond amount your Local 452 agreement requires and file with the trust funds the same day.

Your premiumfrom $100
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