IUOE Local 77 fringe benefits bonds.
4% of the bond amount plus a $25 fee.

A contractor signatory to the International Union of Operating Engineers Local 77 agreement posts this bond so the fringe benefit contributions it reports each month actually reach Local 77’s trust funds, headquartered in Suitland, Maryland. It is a collective bargaining obligation, not a Maryland licensing requirement. Premiums cost 4% of the bond amount plus a $25 fee, $125 minimum. The application includes a credit consent, but it authorizes a soft pull only.

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Runs to the IUOE Local 77 fringe benefit trust funds — confirm the exact obligee wording and amount with the fund office

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Backs health and welfare, pension, and apprenticeship/training contributions withheld from covered operating engineer payroll

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4% of the bond amount plus a $25 fee, $125 minimum — soft pull only, never a hard inquiry

4%of the bond amount, $125 minimumA-ratedA.M. Best carriersSoft pullnever a hard inquiry

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How it works

Apply to filed in one sitting.

A letter of assent usually comes with a start date attached, and the fund office wants the bond in hand before the first monthly report. This one is built to move:

TODAY · ONLINE

Apply online

Your company details, years in business, the bond amount the fund office named, an effective date, and the credit consent that authorizes a soft pull. That is the application.

INSTANTLY

Issued

Most applications approve instantly. The credit consent authorizes a soft inquiry that never affects your score, and no hard inquiry ever runs on this bond.

SAME DAY

Send it to the fund office

Your executed bond and power of attorney arrive by email, ready to send to the Local 77 fund office that administers the plans and collects the monthly reports. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the Local 77 fringe benefits bond actually guarantees

When a contractor signs a letter of assent to the International Union of Operating Engineers Local 77 agreement, it takes on negotiated fringe benefit contributions on top of wages — typically health and welfare, pension, and apprenticeship/training funds covering operating engineers across Local 77’s Maryland, D.C., and Virginia jurisdiction. This bond secures the contractor’s obligation to actually remit what it withholds and owes each reporting period.

Local 77 is headquartered in Suitland, Maryland, and its fund office — not any Maryland state agency — sets the covered bond amount and holds the bond form. If a contractor’s reports or contributions go delinquent, the fund office can look to the bond for the shortfall before pursuing the contractor directly.

This is a private, contractual bond, not a Maryland licensing requirement. The bond amount is set by Local 77’s fund office rather than by statute, so confirm the exact obligee wording and figure with that office before the bond is issued. We price it from a $125 minimum, and the application includes only a soft credit consent — never a hard inquiry.

IUOE Local 77 fringe benefit trust funds — private, contractual (not a Maryland statute)This bond is not required by any Maryland statute or state agency; the obligation comes from the collective bargaining agreement between a signatory contractor and the International Union of Operating Engineers Local 77, headquartered in Suitland, Maryland. No specific ordinance or code section governs the bond — its terms, obligee, and covered amount are set by the bond form Local 77’s fund office issues, not by public law. Confirm the exact obligee name, bond amount, and covered funds with the Local 77 fund office before the bond is issued.

You need this bond if you are

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Signing a letter of assent to the Local 77 agreement as a newly signatory operating engineer contractor

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An out-of-area contractor taking union operating engineer work inside Local 77’s jurisdiction

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Clearing a prior delinquency and required to post security before the fund office will accept reports again

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Replacing or increasing an expiring bond after your covered payroll and monthly contributions grew

One application, priced on the spot.

These are the actual issuing fields. The credit consent authorizes a soft pull only — a soft inquiry that never affects your score.

Start the application →

FAQ

Common questions.

How much is the IUOE Local 77 fringe benefits bond?Premiums cost 4% of the bond amount plus a $25 fee, with a $125 minimum. Enter the sum Local 77’s fund office named on your bond form and your exact price appears at the application.

What amount should I enter?The figure the fund office names. The bond form leaves the covered sum blank for the trustees to fix, so it scales with your payroll and expected monthly contribution exposure. Ask the fund office if your paperwork is silent.

What does the bond guarantee?That the fringe benefit contributions on your monthly report actually reach Local 77’s trust funds — typically health and welfare, pension, and apprenticeship/training. If a payment or report goes delinquent, the fund office can look to the bond.

Where do I file it?With the IUOE Local 77 fund office in Suitland, Maryland, that administers the health, pension, and training funds for contractors signatory to the Local 77 agreement.

Is there a credit check?The application includes a credit consent, but it authorizes a soft credit pull only — a soft inquiry that never affects your score. No hard inquiry ever runs on this bond, and most applications approve instantly.

Related bonds

Other Maryland bonds.

Signatory status waiting on one bond.

4% of the bond amount plus a $25 fee, $125 minimum. Enter the sum the fund office named and send it to Local 77 the same day. Free until issued.

Start application

Your premiumfrom $125

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IUOE Local 77 fringe benefits bonds.4% of the bond amount plus a $25 fee.