Mason Tenders fringe fund bonds.
From $100.
A contractor signatory to a Mason Tenders' District Council collective bargaining agreement posts this bond to the Council's Welfare, Pension, Annuity and Training Funds, securing the contributions owed for covered laborers. The Trust Funds' office sets the bond amount; the premium is 4% of the bond amount, $100 minimum.
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How much does a Mason Tenders fringe fund bond cost?
4% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No long underwriting queue for the standard fringe-fund bond — enter your amount, pay, and route the executed bond to the Trust Funds' office. Here is the whole thing:
Apply online
Your business details, the bond amount the Trust Funds' office 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 Trust Funds' office
Submit the executed bond to the Mason Tenders' District Council Trust Funds to satisfy your signatory contractor filing. Wet-ink originals mailed on request.
What it is and who needs it.
What the fringe-benefit fund bond actually covers
When a construction contractor signs a collective bargaining agreement with the Mason Tenders' District Council (LiUNA), it agrees to make ongoing contributions on behalf of its covered laborers into the Council's Welfare Fund, Pension Fund, Annuity Fund, and Training Fund — multi-employer trust funds that pay for health coverage, retirement, and apprenticeship training. The Trust Funds' office can require a signatory contractor, especially a newer one, to post a bond guaranteeing those contributions.
This is a private, contractual requirement set by the trust agreement and the collective bargaining agreement — not a New York statute. The obligee is the Trust Funds themselves, and the bond amount is set by the Trust Funds' office based on the contractor's covered payroll and contribution history, not a fixed number in law.
It is a three-party arrangement: the contractor (the principal), the surety carrier, and the Trust Funds (the obligee), protecting covered laborers' benefits. If a contractor falls delinquent on required contributions, the Trust Funds 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 Trust Funds' office. Submit the executed bond to the Mason Tenders' District Council Trust Funds to satisfy your signatory contractor filing. Wet-ink originals mailed on request.
What sets the price
The premium is 4% of the bond amount, $100 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 Trust Funds' office 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 .
Fringe fund bond, priced today.
4% of your bond amount, $100 minimum, soft pull only. Free until issued.