A contractor signatory to a Mason Tenders' District Council collective bargaining agreement posts this bond to the Mason Tenders' District Council Welfare Fund, Pension Fund, Annuity Fund, and Training Fund to secure the fringe-benefit contributions owed for covered laborers. The Trust Funds' office sets the bond amount; the premium is 4% of the bond amount, $100 minimum, after a quick soft credit check that never affects your score.
















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:
Your business details, the bond amount the Trust Funds' office required, and the effective date — that is the entire application.
A soft credit check informs approval — it never affects your score. Most applicants finish in one sitting; the rest clear within 48 hours.
Submit the executed bond to the Mason Tenders' District Council Trust Funds to satisfy your signatory contractor filing. Wet-ink originals mailed on request.
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.
Enter the bond amount the Trust Funds' office set. A soft credit check may inform approval — it never affects your score.
Start the application →4% of your bond amount, $100 minimum, soft pull only. Free until issued.