A smaller contractor who signs a collective bargaining agreement with the International Union of Operating Engineers Local No. 513 — the St. Louis-area local for heavy equipment operators — can be required to post the union's $15,000 minimum wage and fringe benefits bond, the base tier the trust sets before a larger workforce requires more. Ours is $600 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.
The International Union of Operating Engineers Local No. 513 represents crane, excavator, and other heavy-equipment operators across the greater St. Louis region. A contractor who signs the local's collective bargaining agreement agrees to pay covered wages and to make contributions to the union's pension, welfare, annuity, and training funds on behalf of the operating engineers it employs. Local No. 513 sets a minimum $15,000 bond for a smaller signatory contractor; the trust may require a larger bond, such as $35,000, from a contractor running a bigger union workforce.
The wage and fringe benefits bond is Local No. 513's financial backstop for that promise. It's a three-party arrangement — you (the principal), our carrier, and Local No. 513 or its trust funds (the obligee) — protecting union members and the funds, not the contractor. Local No. 513 will generally not release operating engineers 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. 513, 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 $600.
Start the application →$600 flat, soft pull only, bond often issued in the same sitting. Free until issued.