IUOE Local 101 fringe benefit bonds.
From $125.
The International Union of Operating Engineers Local 101, covering fifty-six counties in Western Missouri and the entire state of Kansas, requires a wage and fringe benefit bond of contractors who sign its collective bargaining agreement. Premiums cost 4% of the bond amount plus a $25 fee, $125 minimum.
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How much does an IUOE Local 101 fringe benefit bond cost?
4% of the bond amount plus a $25 fee, from $125. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
Becoming or staying a signatory contractor is waiting on this bond. Enter your amount, consent to a soft pull, and file with the fund office. Here is the whole thing:
Apply online
Business details, the bond amount your CBA or the fund office set, the effective date, and a one-time consent to a soft credit pull.
Approved
Most fringe benefit bonds clear quickly; the soft pull informs approval and never touches your score. Premiums are 4% of the bond amount plus a $25 fee, $125 minimum. Larger amounts may get a brief review.
File with Local 101
Your executed bond and power of attorney arrive by email, ready to deliver to the IUOE Local 101 fund office to satisfy your signatory status. Wet-ink originals mailed on request.
What it is and who needs it.
What the fringe benefits bond actually guarantees
International Union of Operating Engineers Local 101 represents heavy-equipment operators across Western Missouri and Kansas. Contractors who sign the union's collective bargaining agreement agree to pay union-scale wages and to remit contributions to the Local's fringe benefit funds — health and welfare, pension, and apprenticeship training.
The fringe benefits bond backs those obligations. It is a three-party arrangement: you (the principal), the surety carrier, and Local 101's benefit funds (the obligee). If a signatory contractor falls short on wages or fund contributions, the funds can claim against the bond up to its face amount.
It is not insurance for you — if the surety pays a claim, you repay the surety. There is no single published bond amount; the fund office or your CBA fixes the figure for your operation. Enter the amount your filing requires, and premiums are priced from a $125 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
File with Local 101. Your executed bond and power of attorney arrive by email, ready to deliver to the IUOE Local 101 fund office to satisfy your signatory status. Wet-ink originals mailed on request.
What sets the price
The premium is 4% of the bond amount plus a $25 fee, $125 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, then usually minutes.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and most bonds are issued the same day.
Start the application →Common questions.
Other Missouri bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Signatory status waiting on one bond.
From $125, soft pull only. Enter the amount your CBA set and file with Local 101 the same day.