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Missouri Roofers Local 2 welfare fund bonds.
$2,000 flat.

A contractor signing the Collective Bargaining Agreement of the United Union of Roofers, Waterproofers, and Allied Workers Local No. 2 in St. Louis posts a $50,000 surety bond naming the Local's Welfare Fund as obligee, guaranteeing the wages and welfare-fund contributions the agreement requires. Ours is $2,000 flat.

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Required by Roofers Local 2's Collective Bargaining Agreement for a signatory roofing contractor — a union filing, not a Missouri statute
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Fixed price, fixed amount — the $50,000 bond amount the Local's agreement sets, $2,000 flat, 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 inquiry1–3 yrterms available
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
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McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
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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 Roofers Local 2 welfare fund bond cost?

$2,000 at the $50,000 amount, the same for every applicant.

How it works

Three steps. One sitting.

Filing the Local 2 welfare-fund bond is about the simplest thing in surety once you're signatory. Here's the entire process:

NOW · ONLINE

Apply online

Business details, a one-time soft-pull consent, and an effective date — that's the application.

MINUTES, USUALLY

Pay & e-sign

Bonds at this fixed tier 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 2

Your executed bond and power of attorney arrive by email, ready to hand to Roofers Local 2's Welfare Fund. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the welfare fund bond actually guarantees

A union wage-and-welfare bond is a condition of the Collective Bargaining Agreement a roofing contractor signs with the United Union of Roofers, Waterproofers, and Allied Workers Local No. 2, based in the St. Louis metro. It is a private contractual requirement between the employer and the union, not a Missouri statute, so no Missouri code section is cited here.

It's a three-party arrangement: you (the signatory contractor, the principal), the surety carrier, and Local 2's Welfare Fund (the obligee), with covered union members as the protected parties. If a signatory contractor fails to pay the wages or welfare-fund contributions the agreement requires for covered members' hours, the Welfare Fund can recover against the bond, up to $50,000.

It is not insurance for the contractor — if the surety pays a claim, the contractor repays the surety. The bond must stay current for as long as the contractor remains signatory, so we track the term and notify you ahead of renewal.

Roofers Local 2 Collective Bargaining Agreement — private contractual requirement, not a Missouri statuteThis bond is required by the United Union of Roofers, Waterproofers, and Allied Workers Local No. 2's Collective Bargaining Agreement with signatory roofing contractors, not by Missouri law. The obligee is the Local's Welfare Fund, and the agreement fixes the bond amount at $50,000. Confirm your current signatory status and bond term with Local 2's fund office — we'll issue whichever amount your agreement specifies.

You need this bond if you're

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A roofing contractor signing Roofers Local 2's Collective Bargaining Agreement for the first time
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Renewing your signatory agreement and the Welfare Fund requires a current bond on file
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Moving into the St. Louis metro and becoming signatory with Local 2 for the first time
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Replacing a lapsed or cancelled bond the Welfare Fund flagged during a compliance check
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 $50,000 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 2. Your executed bond and power of attorney arrive by email, ready to hand to Roofers Local 2's Welfare Fund. Wet-ink original mailed on request.

What sets the price

The premium is fixed at $2,000 at the $50,000 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 quickly.

These are the actual issuing fields, including the soft-pull consent this application requires.

Start the application →
FAQ

Common questions.

How much is the Roofers Local 2 welfare fund bond?The premium is $2,000 flat — set by our carrier's rate book for this bond, the same for every signatory contractor. Local 2's agreement fixes the bond amount at $50,000, so there is no quote process.
Do I pay the $50,000?No. You pay $2,000. The $50,000 is the Welfare Fund's maximum recovery if a valid claim is made against the bond — not a deposit, and nobody holds your money.
How fast will I have the bond?Bonds at this fixed tier 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.
Where do I file it?File the executed bond directly with Roofers Local 2's Welfare Fund, as required by your signatory Collective Bargaining Agreement — it is not filed with any Missouri state office.
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.
Related bonds

Other Missouri bonds.

Been told you need a different amount?

Price and requirements checked on the carrier’s application, . Page updated .

Get your Local 2 welfare fund bond filed.

$2,000 flat, priced once, bond often issued in the same sitting. Free until issued.

Your price$2,000
Apply now →