Maryland Plumbers Local 5 wage & fringe bonds.
From $100.
A contractor signatory to UA Plumbers & Gasfitters Local Union No. 5's collective bargaining agreement can be required to post a bond guaranteeing the wages and fringe-benefit trust contributions the agreement requires. It is a private, contractual requirement, not a Maryland statute. Premiums cost 4% of the bond amount, $100 minimum.
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How much does a Maryland Plumbers Local 5 wage & fringe bond cost?
4% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Apply to bonded in one sitting.
Wage and fringe-benefit bonds are straightforward to issue once you know the amount your CBA calls for. Enter it, consent to a soft pull, and you're done:
Apply online
Your company details, the bond amount your collective bargaining agreement or the Local 5 trust funds require, and the effective date — plus a one-time consent to a soft credit pull.
Approved
Most wage-and-fringe bonds clear quickly; the soft credit pull informs approval and never affects your score. Pricing is 4% of the bond amount, $100 minimum. Larger amounts may get a brief review.
Deliver to the local
Your executed bond and power of attorney arrive by email, ready to hand to UA Local 5 or its trust fund administrator. Wet-ink originals mailed on request.
What it is and who needs it.
What the wage and fringe benefits bond actually guarantees
This bond is a payment guarantee running to UA Plumbers & Gasfitters Local Union No. 5 and its affiliated trust funds. A contractor that signs Local 5's collective bargaining agreement commits to paying covered employees' wages and to remitting fringe-benefit contributions — typically health & welfare, pension, annuity, and apprenticeship-fund payments — on the schedule the agreement sets.
It is a three-party arrangement: the signatory contractor (the principal), the surety carrier, and Local 5 or its trust funds (the obligee), protecting the covered workers whose benefits depend on timely contributions. If a signatory contractor fails to pay wages or remit contributions as agreed, the trust funds can make a claim against the bond — and if the surety pays, the contractor repays the surety. It is a labor-relations backstop, not insurance for the contractor.
This is a private, contractual requirement arising from the collective bargaining agreement, not a Maryland statute — the bond amount is whatever the local or the CBA calls for, and there is no single figure that applies to every contractor. Confirm your required amount with Local 5 or its trust fund administrator before applying; premiums are priced at 4% of that amount, $100 minimum, after a quick soft credit check that never affects your score.
You need this bond if you are
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
Deliver to the local. Your executed bond and power of attorney arrive by email, ready to hand to UA Local 5 or its trust fund administrator. Wet-ink originals 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 underwriting fields, including a one-time consent to a soft credit pull. The pull never affects your score, and your price — 4% of the bond amount, $100 minimum — is set at application.
Start the application →Common questions.
Other Maryland bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Stay signatory without the bonding delay.
Priced at 4% of the bond amount, $100 minimum. Soft pull only. Enter the amount your CBA calls for and deliver to Local 5 the same day.