OH IBEW Local 82 fringe benefit bonds.
3% of the bond amount.

An electrical contractor who signs a collective bargaining agreement with IBEW Local 82 — chartered in Dayton and covering industrial, commercial, and utility electrical work across the Miami Valley region — can be required to post a fringe benefit bond securing the wage and fringe-benefit contributions the agreement obligates the contractor to pay. Premiums cost 3% of the bond amount, $100 minimum, after a quick soft credit check that never affects your score.

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Required of a signatory electrical contractor under the IBEW Local 82 collective bargaining agreement — a private union requirement, not a state law

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Secures wages and fringe-benefit contributions owed to Local 82 and its affiliated health & welfare and pension trust funds

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3% of the bond amount, $100 minimum — your exact price appears at the application

3% rate$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 a standard fringe benefit bond — enter your amount, consent to a soft pull, and file with Local 82. Here is the whole thing:

TODAY · ONLINE

Apply online

Your company details, the bond amount Local 82 or the fund administrator required, and the effective date — plus a one-time consent to a soft credit pull.

USUALLY MINUTES

Approved

Most fringe benefit bonds this size clear quickly; the soft pull never affects your score. Larger amounts may get a brief underwriter review.

SAME DAY

File with Local 82

Your executed bond and power of attorney arrive by email, ready to file with the local union or its trust fund office so your CBA obligations are on record.

About this bond

What it is and who needs it.

What the fringe benefit bond actually guarantees

IBEW Local 82, chartered in 1916 and based in Dayton, represents electrical workers performing industrial, commercial, and utility electrical construction across the Miami Valley region. A contractor who signs the local's collective bargaining agreement commits to pay covered wages and to make contributions to the local's health & welfare, pension, and related fringe-benefit trust funds on behalf of the members it employs.

The fringe benefit bond is the union's financial backstop for that promise. Unlike insurance, which protects the contractor, this bond protects union members and the trust funds — if a signatory contractor fails to remit wages or fringe-benefit contributions the CBA requires, the union or a trust fund can make a claim against the bond up to its penal amount, and the contractor repays the surety for anything paid out.

This is not a government-mandated bond — no Ohio statute requires it. It is a private condition of doing signatory electrical work under an IBEW Local 82 agreement, imposed by the union and its trust fund administrator, who also set the required amount for your company. Confirm the figure your agreement calls for; we price whatever amount you enter.

IBEW Local 82 collective bargaining agreement — not an Ohio statuteThis bond is required by IBEW Local 82 (or its affiliated trust funds) as a condition of the collective bargaining agreement a contractor signs to perform signatory electrical work in the local's Dayton / Miami Valley jurisdiction — it is a private union/trust-fund requirement, not a state or municipal law. The bond amount is set by Local 82 or its trust fund administrator based on the contractor's anticipated payroll exposure under the agreement. Confirm your required amount with Local 82 or the fund office before applying.

You need this bond if you are

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A contractor signing an IBEW Local 82 CBA for the first time as a new signatory employer

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Renewing your signatory status with an expiring or non-renewing bond on file

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A general contractor whose Local 82 subcontract requires proof of a current bond

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Reinstating after a lapse the union flagged in your trust fund contributions

One application, then a quick review.

These are the actual underwriting fields, including a one-time consent to a soft credit pull. The pull never affects your score, and your price — from a $100 minimum — is set at application.

Start the application →

FAQ

Common questions.

How much is the IBEW Local 82 fringe benefit bond?Premiums cost 3% of the bond amount, with a $100 minimum. The bond amount itself is set by Local 82 or its trust fund administrator, not by state law — enter the figure your agreement calls for and your exact price appears at the application.

What amount should I enter?The amount Local 82 or its trust fund administrator specified for your company — there is no single statewide figure for fringe benefit bonds, and the required amount can vary with your anticipated payroll under the CBA. If you are unsure, ask the union or the fund office before applying.

What does the bond actually guarantee?It guarantees that a signatory contractor pays the wages and fringe-benefit contributions — health & welfare and pension funds — that the collective bargaining agreement requires. It protects union members and the trust funds, not the contractor; if a valid claim is paid, the contractor repays the surety.

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.

Do I pay the full bond amount?No. You pay the 3% premium, with a $100 minimum. The bond amount is the surety's maximum liability if the union or a trust fund makes a valid claim — not a deposit, and nobody holds your money.

Related bonds

Other Ohio bonds.

Signatory status, bonded today.

3% of the bond amount, $100 minimum, soft pull only. Enter your required amount and file with Local 82 the same day.

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Your premiumfrom $100

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