Local Union 7 & 62 Tile Setters & Tile Finishers requires signatory tile-setting and tile-finishing contractors to post a $25,000 wage and fringe benefit bond guaranteeing union-scale wages and contributions to the local's benefit funds — ours is $1,000 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 wage and fringe benefit bond like this is one of the simpler filings in surety. Here's the entire process:
Business details, a few commercial-history questions, and an effective date. That's the application.
Wage and fringe benefit 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 send to Local 7 & 62's benefit funds office so your signatory status stays current. Wet-ink original mailed on request.
Local Union 7 & 62 Tile Setters & Tile Finishers negotiates the collective bargaining agreement covering wages and fringe benefit contributions for its members. Contractors who sign that agreement agree to pay union-scale wages and to remit contributions to the local's benefit funds, and the union backs that promise with a bond rather than taking the contractor's word for it.
It's a three-party arrangement: you (the principal), the surety carrier, and Local Union 7 & 62's benefit funds (the obligee / protected party). If a signatory contractor fails to pay covered wages or remit fund contributions, the fund can recover against the bond, up to $25,000.
It is not insurance for you — if the surety pays a claim, you repay the surety. This is a private contractual requirement of the collective bargaining agreement, not a New York statute, so no state code section governs it. Confirm the current bond form and filing details directly with the union's benefit funds office before you apply.
These are the actual issuing fields, including a short set of commercial-history questions. The credit section authorizes a soft pull only.
Start the application →$1,000 flat, soft pull only, bond often issued in the same sitting. Free until issued.