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Missouri Operating Engineers Local 513 bonds.
$1,400 flat.

A contractor who signs a collective bargaining agreement with the International Union of Operating Engineers Local No. 513 in St. Louis can be required to post a $35,000 wage and fringe benefits bond securing the wages and fringe fund contributions the agreement requires. Ours is $1,400 flat.

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Required of a signatory contractor under the Local No. 513 collective bargaining agreement — a private union requirement, not a Missouri statute
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Fixed price, fixed amount — $35,000 bond, $1,400, no quote process
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Multi-year terms available — 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)
Capital Development Partners
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 Operating Engineers Local 513 bond cost?

$1,400 at the $35,000 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. 513

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

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 — the trade agreement negotiated with organizations like the Associated General Contractors of Missouri — 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.

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.

Local No. 513 collective bargaining agreement — not a Missouri statuteThis bond is required by the International Union of Operating Engineers Local No. 513 as a condition of the collective bargaining agreement a contractor signs to employ Local No. 513 operating engineers 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. 513 or its trust fund office before applying.

You need this bond if you're

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A contractor signing the Local No. 513 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. 513 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 $35,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.

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. 513. 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 $1,400 at the $35,000 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 $1,400.

Start the application →
FAQ

Common questions.

How much is the Local No. 513 wage and fringe bond?The premium is $1,400 flat — set by our carrier's rate book for this bond, the same for every signatory contractor. The $35,000 bond amount is fixed by the Local No. 513 collective bargaining agreement, so there is no quote process.
Do I pay the $35,000?No. You pay $1,400. The $35,000 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. 513 — no state statute requires it. It is required to keep operating engineers 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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$1,400 flat, soft pull only, bond often issued in the same sitting. Free until issued.

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