Missouri Plumbers & Pipefitters Local 562 bonds.
From $125.
A contractor signing the Collective Bargaining Agreement of UA Local 562, the St. Louis-area plumbers and pipefitters union, posts this bond to guarantee the wages and fringe-benefit contributions the agreement requires. The agreement sets the amount. Premiums cost 2% of the bond amount plus a $25 fee, with a $125 minimum.
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How much does a Missouri Plumbers & Pipefitters Local 562 bond cost?
2% of the bond amount plus a $25 fee, from $125. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No long underwriting queue for the standard Local 562 fringe-benefits filing — enter your amount, pay, and hand the executed bond to the Local. Here is the whole thing:
Apply online
Your company details, the bond amount your Local 562 agreement calls for, and the effective date — that is the application.
Issued
The application includes a soft credit consent, and most applications approve instantly at this range. If a check runs, it never touches your score.
File with Local 562
Submit the executed bond to Local 562 and its trust funds to satisfy your signatory agreement. We track the term and notify you ahead of renewal.
What it is and who needs it.
What the fringe-benefits bond actually covers
A union wage-and-welfare bond — here, a fringe-benefits bond — is a condition of the Collective Bargaining Agreement a contractor signs with UA Local 562, the plumbers and pipefitters local serving the St. Louis metro and eastern Missouri. It is a private contractual requirement between the employer and the union, not a state-law filing, so no Missouri statute governs it.
The bond names the Local's Welfare Educational Fund, Supplemental Pension Fund, and Pension Fund as obligee. If a signatory contractor fails to pay the wages, health-and-welfare contributions, pension contributions, or other fringe benefits its agreement obligates it to remit for covered members' hours worked, the trust funds can make a claim against the bond, up to the bond amount.
It is not insurance for the contractor — if the surety pays a claim, the contractor repays the surety. The amount is set by the terms of your signatory agreement with Local 562, generally sized to the fringe-benefit obligations your workforce and contract volume will generate over the bond term; enter the figure the union's agreement specifies and we price it from there.
You need this bond if you're
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 562. Submit the executed bond to Local 562 and its trust funds to satisfy your signatory agreement. We track the term and notify you ahead of renewal.
What sets the price
The premium is 2% 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 a quick review.
Submit the application with the bond amount your Local 562 agreement calls for. The credit consent authorizes a soft pull only, and most applicants clear instantly.
Start the application →Common questions.
Other Missouri bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Get your Local 562 signatory bond filed.
Enter your bond amount and see your exact price. Free until issued.