Ohio carpenters fringe benefit bonds.
4% of the bond amount, $100 minimum.

A contractor signatory to a carpenters’ collective bargaining agreement in Ohio can be required to post a wage-and-fringe-benefit bond running to the Ohio Carpenters’ Fringe Benefit Funds — the jointly-trusteed trust that collects health, pension, and training contributions on covered work. The bond backs the wages and fund contributions your agreement obligates you to pay. Premiums cost 4% of the bond amount, $100 minimum, after a credit consent that authorizes a soft pull only.

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Required by your carpenters’ collective bargaining agreement as security for wages and fund contributions, not a state statute

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Runs to the Ohio Carpenters’ Fringe Benefit Funds — the joint trust that administers health, pension, and training contributions

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4% of the bond amount, $100 minimum — enter your required amount and see your price at application

4%of the bond amount, $100 minimumSoft pull onlynever a hard inquiryFastinstant underwriting for most

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How it works

Apply to filed in one sitting.

No long underwriting queue for the standard fringe-benefit bond — enter your amount, consent to a soft pull, and file with the Funds office. Here is the whole thing:

TODAY · ONLINE

Apply online

Your company details, the bond amount your agreement or the Funds office requires, the effective date, and a one-time credit consent authorizing a soft pull only.

INSTANTLY

Approved

Most fringe-benefit bonds clear immediately — the soft pull informs approval and never affects your score. Pricing is 4% of the bond amount, $100 minimum.

SAME DAY

File with the Funds office

Your executed bond and power of attorney arrive by email, ready to file with the Ohio Carpenters’ Fringe Benefit Funds or forward to your local union as proof of security.

About this bond

What it is and who needs it.

What the carpenters fringe benefit bond actually guarantees

A carpenters wage-and-fringe-benefit bond is a collective-bargaining security device, not a government license bond. When a contractor signs a labor agreement with a carpenters’ local or regional council, that agreement typically obligates the contractor to pay covered wages and to make timely contributions to jointly-trusteed benefit funds — health and welfare, pension, and training/apprenticeship among them.

The bond names the Ohio Carpenters’ Fringe Benefit Funds (the ERISA trust that receives and administers those contributions) as the party the surety pays if the contractor fails to remit. It is a three-party arrangement: the contractor (principal), the surety, and the Funds (obligee) — with covered union members as the people it ultimately protects.

There is no statewide statutory amount. The bond amount is set by the specific collective bargaining agreement you are signatory to, and by the Funds office administering your local’s contributions — similar agreements elsewhere in Ohio tier the requirement by covered employee count or payroll. Confirm the figure with your local union or the Funds office; enter it here and we price the bond from a $100 minimum.

Carpenters’ collective bargaining agreement — not an Ohio statuteThis bond is not required by state law. It is a condition of the collective bargaining agreement between a signatory contractor and the carpenters’ local union or regional council, running to the Ohio Carpenters’ Fringe Benefit Funds as obligee. The bond amount and the exact contribution schedule it secures are set by that agreement and by the Funds office, not by an Ohio statute or administrative rule. Confirm your required amount with your local union or the Funds office before applying.

You need this bond if you are

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A contractor signatory to a carpenters’ CBA that requires a wage-and-fringe-benefit bond

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New to the agreement and posting the bond for the first time before dispatch

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Renewing your bond after your covered payroll or employee count changed

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Reinstating after a lapse the Funds office flagged on a missed contribution

One application, issued instantly.

These are the actual underwriting fields, including a one-time credit consent authorizing a soft pull only. The pull never affects your score, and your price — 4% of the bond amount, $100 minimum — is set at application.

Start the application →

FAQ

Common questions.

How much is the Ohio Carpenters fringe benefit bond?Premiums cost 4% of the bond amount, with a $100 minimum. The amount itself is set by your carpenters’ collective bargaining agreement and the Funds office — there is no single statewide figure. Enter the amount your agreement requires and your exact price appears at the application.

What amount should I enter?The bond amount your specific carpenters’ agreement (or the Fringe Benefit Funds office) has told you to post. If you are unsure, ask your local union representative or the Funds office — the figure is tied to your agreement and covered payroll, not a fixed statewide number.

What does the bond guarantee?It guarantees that you pay the wages and make the health, pension, and training fund contributions your carpenters’ agreement obligates you to pay. If you fail to and the Funds are shorted, the Funds can claim against the bond, and if the surety pays, you repay the surety.

Is there a credit check?The application includes a credit consent, but it authorizes a soft pull only — an inquiry that never affects your score. No hard inquiry ever runs on this bond, and pricing is 4% of the bond amount, $100 minimum.

Where do I file it?With the Ohio Carpenters’ Fringe Benefit Funds office, or through your local union if that is how your agreement routes bond filings. Your executed bond and power of attorney arrive by email the same day so you can submit it before dispatch.

Related bonds

Other Ohio bonds.

Post your fringe benefit bond without the dispatch delay.

4% of the bond amount, $100 minimum, soft pull only. Enter the amount your agreement requires and file with the Funds office the same day.

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Your premiumfrom $100

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Ohio carpenters fringe benefit bonds.4% of the bond amount, $100 minimum.