Missouri Cement Masons Local 527 bonds.
From $1,000.
A Missouri concrete finishing contractor who signs the collective bargaining agreement with Cement Masons Local No. 527 must post a wage and welfare bond guaranteeing covered wages and trust fund contributions. Local 527 sets the amount from your anticipated covered payroll; premiums cost 4% of the bond amount, $1,000 minimum.
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How much does a Missouri Cement Masons Local 527 bond cost?
4% of the bond amount, from $1,000. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
Enter your amount, consent to a soft pull, and file with the local. Here is the whole thing:
Apply online
Your company details, the bond amount Local No. 527 set for your anticipated covered payroll, and a one-time consent to a soft credit pull — no hard inquiry ever runs.
Approved
Most wage and welfare bonds at this size clear instantly. Pricing is 4% of the bond amount, $1,000 minimum. Larger requested amounts may get a brief review.
File with the local
Your executed bond and power of attorney arrive by email, ready to file with Cement Masons Local No. 527 as required by the collective bargaining agreement. Wet-ink originals mailed on request.
What it is and who needs it.
What the wage and welfare bond actually guarantees
A wage and welfare bond is a condition of the collective bargaining agreement between a signatory concrete finishing contractor and Cement Masons Local No. 527, a non-for-profit labor organization chartered by the Operative Plasterers and Cement Masons International Union, covering the greater St. Louis area. It is not a Missouri statute — it is a private contractual requirement the union imposes as a condition of the CBA.
It is a three-party arrangement: you (the contractor and principal), the surety carrier, and the local’s trust funds (the obligee). If a signatory contractor fails to remit the wages or the health, welfare, and pension trust fund contributions the CBA covers, the union can claim against the bond for the shortfall, and the contractor then owes the surety.
There is no single required amount — the local fixes a sum from your anticipated covered payroll. Enter the figure Local No. 527 gave you; your premium is priced at 4% of that amount, $1,000 minimum, after a one-time soft credit consent that does not affect 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
File with the local. Your executed bond and power of attorney arrive by email, ready to file with Cement Masons Local No. 527 as required by the collective bargaining agreement. Wet-ink originals mailed on request.
What sets the price
The premium is 4% of the bond amount, $1,000 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, $1,000 minimum — is set at application.
Start the application →Common questions.
Other Missouri bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Sign the CBA without the bond holdup.
4% of the bond amount, $1,000 minimum, soft pull only. Enter the amount Local No. 527 set and file the same day.