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Missouri Iron Workers Local 396 bonds.
$1,000 flat.

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.

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Required of a signatory contractor under the Iron Workers Local No. 396 collective bargaining agreement — a private union requirement, not a Missouri statute
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Fixed price, fixed amount — $25,000 bond, $1,000, no quote process
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Up to three renewal terms — set it up once for up to 3 years
A-ratedA.M. Best carriersSoft pull onlynever a hard inquiryInstantissued the moment you pay
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
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McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does a Missouri Iron Workers Local 396 bond cost?

$1,000 at the $25,000 amount, the same for every applicant.

How it works

Three steps. One sitting.

A wage and fringe bond at a fixed amount is about the simplest thing in surety. Here's the entire process:

NOW · ONLINE

Apply online

Your company details, the date of your collective bargaining agreement, and an effective date, plus a one-time consent to a soft credit pull.

MINUTES, USUALLY

Pay & e-sign

Wage and fringe bonds like this are among the thousands of bond types that issue right after purchase. Issued when you pay. One soft credit pull, never a hard inquiry, and it never affects your score.

SAME DAY

File with Local No. 396

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.

About this bond

What it is and who needs it.

What the wage & fringe bond actually guarantees

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.

Iron Workers Local No. 396 collective bargaining agreement — not a Missouri statuteThis bond is required by Iron Workers Local Union No. 396 as a condition of the collective bargaining agreement a contractor signs to employ Local No. 396 ironworkers in the St. Louis region — a private union/trust-fund requirement, not a state law. Confirm your required amount and filing address with Local No. 396 or its trust fund office before applying.

You need this bond if you're

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A contractor signing the Local No. 396 CBA for the first time as a new signatory employer
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Renewing your signatory status with an expiring or non-renewing bond on file
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A general contractor whose Local No. 396 subcontract requires proof of a current bond
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Reinstating after a lapse the union flagged in your trust fund contributions
After you buy

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 $25,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The term is set on the carrier’s application; the premium covers the period shown there.

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 Local No. 396. 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.

What sets the price

The premium is fixed at $1,000 at the $25,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or 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 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 →
FAQ

Common questions.

How much is the Iron Workers Local 396 wage and fringe bond?The premium is $1,000 flat — set by our carrier's rate book for this bond, the same for every signatory contractor. The $25,000 bond amount is fixed by the Local No. 396 collective bargaining agreement, so there is no quote process.
Do I pay the $25,000?No. You pay $1,000. The $25,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.
How fast will I have the bond?Wage and fringe bonds like this are among the thousands of bond types that issue right after purchase — many contractors finish the application and have the bond in the same sitting. Issued when you pay. One soft credit pull, never a hard inquiry, and it never affects your score.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score.
Is this required by Missouri law?No. This bond is a private condition of the collective bargaining agreement between a signatory contractor and Local No. 396 — no state statute requires it. It is required to keep ironworkers dispatched to your jobsite.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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$1,000 flat, soft pull only, bond often issued in the same sitting. Free until issued.

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