IBEW Local 8 fringe benefit bonds.
4% of the bond amount.

A signatory electrical contractor under an IBEW Local 8 collective bargaining agreement can be required to post a bond guaranteeing its fringe-benefit contributions — health & welfare, pension, annuity, and NEBF payments owed to the Local’s trust funds on every hour of union labor billed. Local 8 covers northwest Ohio, including units in Defiance and the Findlay/Fremont area. 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 IBEW Local 8’s fringe-benefit trust funds as a condition of staying a signatory electrical contractor

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Backs your health & welfare, pension, annuity, and NEBF contributions on every hour of covered union labor

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4% of the bond amount, $100 minimum — soft credit consent only, your exact price appears at the application

From $1004% 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 trust funds. Here is the whole thing:

TODAY · ONLINE

Apply online

Your company details, the bond amount the trust funds requested, the effective date, and a one-time credit consent that authorizes a soft pull only.

FAST REVIEW

Issued

Most fringe-benefit bonds clear quickly at 4% of the bond amount, $100 minimum. If a check runs, it is a soft pull that will not touch your score; larger amounts may get a brief underwriter look.

SAME DAY

File with Local 8

Your executed bond arrives by email, ready to submit to the fringe-benefit trust funds so your signatory status stays current. Wet-ink originals mailed on request.

About this bond

What it is and who needs it.

What the fringe-benefit bond actually guarantees

When a contractor signs a collective bargaining agreement with IBEW Local 8 to run union electrical work, it takes on an ongoing obligation: report every hour worked by covered employees and remit the associated fringe-benefit contributions — health & welfare, pension, annuity, and the National Electrical Benefit Fund (NEBF) — to Local 8’s trust funds on schedule.

This bond is the trust funds’ backstop for that promise. It is a three-party arrangement: the contractor (principal), the surety, and the Local 8 fringe-benefit trust funds (obligee), protecting the electricians and their families who depend on those benefit funds being paid. If a signatory contractor falls behind and the trust funds are harmed, they can claim against the bond — and if the surety pays, the contractor repays the surety. It is not insurance for the contractor.

There is no single fixed penal sum — the amount is set by the trust funds or requested by the contractor’s CBA administrator, generally scaled to the contractor’s estimated monthly wage and fringe liability, and can be revisited if that liability grows. Enter the figure the funds requested; we price it from a $100 minimum after a credit consent that authorizes a soft pull only.

IBEW Local 8 Collective Bargaining Agreement — private trust-fund requirement, not a state statuteThis bond is required under the collective bargaining agreement between IBEW Local 8 and its signatory electrical contractors, and the trust agreements governing the Local’s health & welfare, pension, annuity, and NEBF funds — not by any Ohio statute or state agency. Local 8 is based in Rossford, Ohio, and its jurisdiction covers northwest Ohio, including units serving the Defiance and Findlay/Fremont areas. Confirm your required bond amount with the Local 8 fringe-benefit trust office or your CBA administrator.

You need this bond if you are

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A signatory electrical contractor under an IBEW Local 8 collective bargaining agreement

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A contractor newly signing a Local 8 CBA and posting security for the first time

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An employer the trust funds asked to post or increase a bond after a growth in covered payroll

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Renewing an existing fringe-benefit bond to keep your signatory status in good standing

One application, then a quick review.

Submit the application with the bond amount the Local 8 trust funds requested. Most clear quickly at 4% of the bond amount, $100 minimum; larger amounts may get a brief underwriter look.

Start the application →

FAQ

Common questions.

How much is the IBEW Local 8 fringe benefits bond?Premiums cost 4% of the bond amount, with a $100 minimum. The amount itself is set by Local 8’s trust funds or your CBA administrator — there is no single fixed figure. Enter the amount requested and your exact price appears at the application.

What amount should I enter?Use the bond amount your Local 8 fringe-benefit trust office or CBA administrator requested — generally scaled to your estimated monthly wage and fringe liability. If you are unsure, contact the trust fund office before applying; we can adjust the amount before issuing.

What does this bond actually guarantee?It backs your obligation to remit the health & welfare, pension, annuity, and NEBF contributions your CBA requires on every hour of covered union labor. If you fall behind and the trust funds are harmed, they can claim against the bond — and you repay the surety if it pays.

Is there a credit check?The application includes a credit consent, but it authorizes a soft credit pull only — a soft inquiry that never affects your score. No hard inquiry ever runs on this bond. Larger amounts may get a brief underwriter look.

Where do I file the bond once it’s issued?Submit your executed bond to the IBEW Local 8 fringe-benefit trust office (or your CBA administrator, if the funds route through one) to keep your signatory status current. We email the executed bond same day; wet-ink originals are mailed on request.

Related bonds

Other Ohio bonds.

Stay signatory without the paperwork holdup.

Premiums from $100, soft pull only. Enter the amount Local 8’s trust funds requested and file the same day.

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Your premiumfrom $100

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