MI IBEW Local 252 bonds.
From $125. Enter your amount.

An electrical contractor employing inside wiremen under the IBEW Local 252 agreement posts this bond to guarantee that both the wages and the fringe-benefit contributions those workers are owed actually get paid. It is a collective bargaining obligation, not a Michigan license 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 credit pull only.

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Runs to the union and the trustees of the Local 252 benefit funds named in your agreement

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Backs both unpaid wages and fringe-benefit contributions for covered inside-wireman work

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From $125 — soft pull only, never a hard inquiry — enter the amount the fund office names and see your price at application

From $1254% of the bond amount plus a $25 fee, $125 minimumSoft pull onlynever a hard inquiryFastinstant underwriting for most

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How it works

Apply to filed in one sitting.

Signatory paperwork usually has a deadline attached, so this one is built to move: enter the amount, pay, and send the executed bond to the fund office. Here is the whole thing:

TODAY · ONLINE

Apply online

Your company details, the bond amount your agreement names, 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 go to the Local 252 fund office. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the wage & fringe benefits bond actually guarantees

When an electrical contractor employs inside wiremen under the IBEW Local 252 agreement, it agrees to pay negotiated wages plus hourly contributions into the local’s multiemployer trust funds — typically covering health, pension, annuity, and training for the crew.

Neither the wages nor the contributions are the contractor’s money to hold. ERISA § 515, 29 U.S.C. § 1145, makes an employer that is obligated to contribute to a multiemployer plan under a collectively bargained agreement pay in accordance with that agreement, and 29 U.S.C. § 1132(g)(2) puts real teeth behind a successful collection suit — unpaid contributions, interest, liquidated damages, and the funds’ attorney fees and costs. Wage claims run on a separate track, generally through Michigan wage-payment law and the agreement’s own grievance procedure.

The bond is how the union and the funds shorten the gap between work performed and money collected. Rather than chase a contractor after the fact, the trustees hold a surety’s promise that a stated sum stands behind unpaid wages and contributions — so a crew’s paychecks and benefit eligibility do not depend on the contractor’s cash position in a slow quarter. It is not insurance for you: if the surety pays a claim, you repay the surety. Keep it continuous for as long as you employ covered inside wiremen.

IBEW Local 252 collective bargaining agreement · ERISA § 515 (29 U.S.C. § 1145)This is a private, contractual bond — Michigan has no statute requiring it. The obligation comes from the collective bargaining agreement between a signatory electrical contractor and IBEW Local 252, together with the trust agreements governing the Local 252 benefit funds; the obligee named on the bond is the union or the trustees of those funds, so confirm the exact wording with the fund office before the bond is issued. The federal backdrop for the fringe-benefit side is ERISA § 515, 29 U.S.C. § 1145, which requires an employer obligated to contribute to a multiemployer plan under a collectively bargained agreement to make those contributions in accordance with the agreement, and ERISA § 502(g)(2), 29 U.S.C. § 1132(g)(2), which awards unpaid contributions, interest, liquidated damages and fees in a successful collection action; suits on the agreement itself are brought under LMRA § 301, 29 U.S.C. § 185. We have not independently verified a specific Michigan wage-bond statute tied to this agreement, so any state-law wage claim is described here only in general terms — confirm specifics with the fund office.

You need this bond if you are

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Becoming signatory to the IBEW Local 252 inside-wiremen agreement and it conditions signatory status on a wage-and-fringe bond

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A contractor from outside the jurisdiction taking work covered by the Local 252 agreement

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Replacing an expiring or cancelled bond so your signatory status is never uncovered

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Increasing the bond amount after your covered payroll or monthly contributions grew

One application, then a quick review.

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 IBEW Local 252 wage & fringe benefits bond?Premiums cost 4% of the bond amount plus a $25 fee, with a $125 minimum. Enter the penal sum your agreement or the fund office names and your exact price appears at the application.

What amount should I enter?The figure your collective bargaining agreement or the fund office specifies. These bonds are typically sized off covered payroll and the monthly contribution volume the funds expect from you, so the number is specific to your shop — ask the fund office if your paperwork is silent.

What does the bond guarantee?That both the wages and the fringe-benefit contributions owed to your inside wiremen actually get paid. If they are not, the union or the trustees can recover against the bond instead of waiting on a collection action.

Do I pay the full bond amount?No. You pay the premium only. The bond amount is the surety’s maximum exposure if a valid claim is made — it is not a deposit, and nobody holds your money.

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.

Related bonds

Other Michigan bonds.

Signatory paperwork waiting on one bond.

Enter the amount the fund office named, see your exact price at the application, and send the executed bond the same day. Free until issued.

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MI IBEW Local 252 bonds.From $125. Enter your amount.