A contractor who signs a collective bargaining agreement with Iron Workers Local Union No. 396 — the St. Louis-based ironworkers local — can be required to post a $25,000 wage and fringe benefits bond securing the wages and trust-fund contributions the agreement obligates the contractor to pay. Ours is $1,000 flat, and the price you see is the checkout price.
















A wage and fringe bond at a fixed amount is about the simplest thing in surety. Here's the entire process:
Your company details, the date of your collective bargaining agreement, and an effective date, plus a one-time consent to a soft credit pull.
Wage and fringe bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond and power of attorney arrive by email, ready to file with the union or its trust fund office so your signatory status is on record. Wet-ink original mailed on request.
Iron Workers Local Union No. 396, headquartered in St. Louis, represents structural and ornamental ironworkers across the region. A contractor who signs the local's collective bargaining agreement — the trade agreement negotiated with area contractor associations — agrees to pay covered wages and to make contributions to the union's pension, health and welfare, and apprenticeship funds on behalf of the ironworkers it employs.
The wage and fringe benefits bond is Local No. 396's financial backstop for that promise. It's a three-party arrangement — you (the principal), our carrier, and Local No. 396 or its trust funds (the obligee) — protecting union members and the funds, not the contractor. Local No. 396 will generally not dispatch ironworkers to a signatory contractor's project unless the required bond is active and on file with the trust.
It is not insurance for you — if the surety pays a claim, you repay the surety. This is not a government-mandated bond; no Missouri statute requires it. It is a private condition of doing signatory work with Local No. 396, and the bond must stay on file for as long as your signatory status is active.
These are the actual issuing fields, including a one-time consent to a soft credit pull. The pull never affects your score, and your price is fixed at $1,000.
Start the application →$1,000 flat, soft pull only, bond often issued in the same sitting. Free until issued.