New York Carpenters fringe benefit bonds.
From $125.
A contractor signatory to a New York District Council of Carpenters collective bargaining agreement posts this bond to guarantee the wage and fringe-benefit fund contributions owed for covered carpenters. The Council sets the bond amount; the premium is 2.5% of the bond amount plus a $25 fee, $125 minimum.
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How much does a New York Carpenters fringe benefit bond cost?
2.5% 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 fringe-benefits bond — enter your amount, pay, and route the executed bond to the Council. Here is the whole thing:
Apply online
Your business details, the bond amount the Council required, and the effective date — that is the application.
Issued
A soft credit check informs approval — it never affects your score. Most applicants finish in one sitting; the rest clear within 48 hours.
File with the District Council
Submit the executed bond to the New York District Council of Carpenters to satisfy your signatory contractor filing. Wet-ink originals mailed on request.
What it is and who needs it.
What the fringe-benefits bond actually covers
A contractor that signs a collective bargaining agreement with the New York District Council of Carpenters agrees to pay covered carpenters' wages and to make ongoing contributions to the Council's wage and fringe-benefit funds — health, pension, annuity, and training. The Council can require a signatory contractor to post a bond guaranteeing those payments before dispatching members to a job.
This is a private, contractual requirement set by the collective bargaining agreement and the Council's trust agreements — not a New York statute. The obligee is the New York District Council of Carpenters itself, and the bond amount is set by the Council based on the contractor's covered payroll and contribution history, not a fixed figure in law.
It is a three-party arrangement: the contractor (the principal), the surety carrier, and the District Council (the obligee), protecting covered carpenters' wages and benefits. If a contractor falls delinquent, the Council can pursue the bond up to its amount; if the surety pays, the contractor repays the surety. It is not insurance for the contractor.
You need this bond if you are
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 the District Council. Submit the executed bond to the New York District Council of Carpenters to satisfy your signatory contractor filing. Wet-ink originals mailed on request.
What sets the price
The premium is 2.5% 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, priced in the same sitting.
Enter the bond amount the District Council set. A soft credit check may inform approval — it never affects your score.
Start the application →Common questions.
Other New York bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Carpenters fringe fund bond, priced today.
2.5% of your bond amount plus a $25 fee, $125 minimum, soft pull only. Free until issued.