Signing a collective bargaining agreement with the International Union of Operating Engineers Local 825 to employ union operating engineers means posting a $5,000 surety bond for payment to guarantee your Pension, Welfare, Annuity, Apprenticeship Training, Supplemental Unemployment Benefit, and Vacation Fund contributions — ours is $125 flat, and the price you see is the checkout price. The application includes a credit consent, but it authorizes a soft pull only — no hard inquiry ever runs on this bond.
















A fringe-benefits fund bond like this is one of the simpler filings in surety. Here's the entire process:
Business details, your CBA effective date, and an effective date for the bond. That's the application — plus a one-time consent that authorizes a soft credit pull.
Fringe-benefits 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 submit to the IUOE Local 825 Employee Benefit Funds office at 65 Springfield Avenue, Springfield, alongside your signatory paperwork.
This bond isn't required by New Jersey law — the International Union of Operating Engineers Local 825 Employee Benefit Funds, the multiemployer trust that administers Pension, Welfare, Annuity, Apprenticeship Training, Supplemental Unemployment Benefit, and Vacation funds for Local 825 members, requires it of employers who sign a collective bargaining agreement (CBA) with the Local. The bond stands behind your fringe-benefit contributions for every hour your union operating engineers work covered jobs.
It's a three-party arrangement: you (the principal, the signatory employer), the surety carrier, and the International Union of Operating Engineers Local 825 Employee Benefit Funds (the obligee), with the operating engineers whose benefits depend on those contributions as the protected interest. If a signatory employer falls delinquent on required Pension, Welfare, Annuity, Training, SUB, or Vacation Fund contributions, the Funds can make a claim against the bond to recover what's owed, and partial or multiple claims are allowed up to the bond's face amount.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond has to stay active for as long as you employ Local 825 operating engineers under your CBA, so keep the renewal current alongside your other Funds reporting obligations.
These are the actual issuing fields, including your CBA effective date. The credit section authorizes a soft pull only.
Start the application →$125 flat, soft pull only, bond often issued in the same sitting. Free until issued.