NE wage & welfare bonds.
From $100. Enter your amount.

A contractor signatory to IBEW Local Union No. 22's collective bargaining agreement in the Omaha area can be required to post a wage and welfare bond guaranteeing that wages and fringe-benefit contributions — health and welfare, pension, and related funds — get paid on the union work performed. The bond amount is set by your agreement with the Local, not a state statute; premiums cost 4% of the bond amount, $100 minimum, and the credit consent in the application authorizes a soft pull only.

✓

Required by IBEW Local Union No. 22's collective bargaining agreement for signatory electrical contractors

✓

Guarantees wages and fringe-benefit fund contributions owed on covered union work

✓

From $100, soft pull only — enter the amount your agreement with the Local requires

From $1004% of the bond amount, $100 minimumSoft pull onlynever a hard inquiryFastinstant underwriting for most

Trusted by industry leaders

How it works

Apply to filed in one sitting.

No long underwriting queue for the standard wage and welfare bond — enter your amount, consent to a soft pull, and give the Local your certificate. Here is the whole thing:

TODAY · ONLINE

Apply online

Your company details, the bond amount your agreement with the Local requires, and the effective date — plus a one-time consent to a soft credit pull.

USUALLY MINUTES

Issued

The credit consent in the application authorizes a soft pull only, and most applications approve instantly. Pricing is 4% of the bond amount, $100 minimum.

SAME DAY

Deliver to IBEW Local 22

Your executed bond and power of attorney arrive by email, ready to hand to the Local's benefit funds office to confirm your good standing as a signatory contractor. Wet-ink originals mailed on request.

About this bond

What it is and who needs it.

What the wage and welfare bond actually guarantees

A wage and welfare bond (also called a union bond) is a payment guarantee for labor and benefits, not a license bond. When a contractor signs IBEW Local Union No. 22's collective bargaining agreement to employ its members on electrical work in the Omaha area, the Local can require the contractor to post a bond backing timely payment of wages and the fringe-benefit contributions — health and welfare, pension, apprenticeship, and similar trust funds — the agreement calls for.

It is a three-party arrangement: the contractor (the principal), the surety, and the Local or its benefit funds (the obligee), protecting the members who worked the job and the trust funds that pay their benefits. If a signatory contractor falls behind on wages or fund contributions, the Local or trustees can claim against the bond; if the surety pays, the contractor repays the surety.

There is no single figure set by law — the amount comes from your agreement with IBEW Local 22, which may set a flat sum or scale it to the number of workers or hours you employ under the contract. Enter the amount your agreement requires; premiums are priced from a $100 minimum, and the credit consent in the application authorizes a soft pull only.

IBEW Local Union No. 22 collective bargaining agreement — private contractual requirement, not a Nebraska statuteThe wage and welfare bond is required under a signatory contractor's collective bargaining agreement with IBEW Local Union No. 22, not a Nebraska statute or state regulation. The Local's benefit funds office sets and can adjust the required amount for your agreement — confirm the exact figure and any renewal requirements with the Local before applying.

You need this bond if you are

✓

An electrical contractor that has signed IBEW Local Union No. 22's collective bargaining agreement

✓

A signatory contractor renewing the bond the Local requires to remain in good standing

✓

A subcontractor employing Local 22 members whose agreement calls for a wage and welfare bond

✓

Anyone the Local has notified that a bond is a condition of continuing to use its members

One application, issued instantly.

These are the actual underwriting fields, including a one-time credit consent that authorizes a soft pull only. Your price — from a $100 minimum — is set at application.

Start the application →

FAQ

Common questions.

How much is the IBEW Local 22 wage and welfare bond?Premiums cost 4% of the bond amount, with a $100 minimum. The bond amount itself comes from your collective bargaining agreement with IBEW Local Union No. 22, not a state statute — enter the figure your agreement calls for and your exact price appears at the application.

What amount should I enter?Enter the bond amount your collective bargaining agreement with IBEW Local 22 specifies. Locals often set this as a flat figure or scale it to crew size or hours worked — the Local's benefit funds office can confirm the amount for your agreement.

Where do I file it?File the executed bond with IBEW Local Union No. 22's benefit funds office, not a state agency — this bond confirms your standing as a signatory contractor under the collective bargaining agreement, and does not get filed with any Nebraska licensing board.

What does the bond guarantee?It guarantees payment of wages and fringe-benefit fund contributions — health and welfare, pension, and related trust funds — you owe under the collective bargaining agreement. If you fall behind, the Local or its trustees can claim against the bond; if the surety pays, you repay the surety.

Is there a credit check?The application includes a credit consent, but it authorizes a soft credit pull only — a soft inquiry that never affects your score. No hard inquiry ever runs on this bond.

Related bonds

Other Nebraska bonds.

Stay in good standing with IBEW Local 22.

Premiums from $100, soft pull only. Enter the amount your agreement requires and deliver the bond the same day.

Start application

Your premiumfrom $100

Apply now →