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Ohio Iron Workers Local 17 bonds.
$1,200 flat.

The International Association of Bridge, Structural and Ornamental Iron Workers' Local Union No. 17, based in Cleveland, requires a signatory contractor to post a wage and benefit bond sized to the number of ironworkers it employs. This filing is $30,000; ours is $1,200 flat. The application includes a credit consent, but it authorizes a soft pull only.

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Required of signatory Local 17 contractors under the collective bargaining agreement
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Fixed price, fixed amount — $30,000 bond, $1,200, no quote process
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Multi-year terms available — set it up once for up to 3 years
A-ratedA.M. Best carriersInstantissued the moment you paySoft pull onlynever a hard inquiry
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does an Ohio Iron Workers Local 17 bond cost?

$1,200 at the $30,000 amount, the same for every applicant.

How it works

Three steps. One sitting.

A wage and benefit filing is about the simplest thing in surety. Here's the entire process:

NOW · ONLINE

Apply online

Business details, an effective date, and a soft credit consent. That's the application — no financial statements.

MINUTES, USUALLY

Pay & e-sign

Bonds like this are among the thousands of bond types that issue right after purchase. Issued when you pay. One soft credit pull, never a hard inquiry, and it never affects your score.

SAME DAY

File with Local 17

Your executed bond and power of attorney arrive by email, ready to send to Iron Workers Local Union No. 17 at its Cleveland office. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

The International Association of Bridge, Structural and Ornamental Iron Workers' Local Union No. 17, headquartered on East 23rd Street in Cleveland, requires an employer bound by its collective bargaining agreement to post a bond securing wages and fringe benefit contributions owed to covered ironworkers. Under the Local's agreement, employers of larger crews post bonds scaled to headcount — this filing is the $30,000 employer tier.

It's a three-party arrangement: you (the principal), the surety carrier, and Iron Workers Local Union No. 17 (the obligee), together with the District Council of Southern Ohio and Vicinity's Pension, Benefit, and Annuity Trusts as protected parties. If a signatory employer falls behind on wages or fund contributions the agreement covers, the Local or the Trusts can make a claim against the bond, up to its $30,000 limit, to recover the shortfall.

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 an Ohio statute. Local 17 sets the bond amount by employer tier, so confirm the amount your current signatory agreement and crew size call for before filing.

Iron Workers Local Union No. 17 — collective bargaining agreement, not an Ohio statuteThis filing is required by Iron Workers Local Union No. 17 as a condition of a contractor's signatory status under its collective bargaining agreement, to secure wages and fringe benefit fund contributions for covered ironwork. Local 17 sets the bond amount by employer tier rather than by a published Ohio statute or fee schedule — confirm the tier your signatory agreement and crew size call for with the Local 17 office in Cleveland before filing; this page covers the $30,000 tier.

You need this bond if you're

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Signing Local 17's collective bargaining agreement as a new signatory ironwork contractor
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Assigned the $30,000 bond tier by the Local 17 employer schedule
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Renewing your signatory status with an expiring or non-renewing bond
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Moving structural or ornamental ironwork into the Cleveland area and need Local 17 coverage in place
After you buy

Claims, renewal, filing, and what sets the price.

If a claim is made

A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.

The surety investigates and pays a valid claim, up to the $30,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.

Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.

How to file it

File with Local 17. Your executed bond and power of attorney arrive by email, ready to send to Iron Workers Local Union No. 17 at its Cleveland office. Wet-ink original mailed on request.

What sets the price

The premium is fixed at $1,200 at the $30,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.

One soft credit pull, never a hard inquiry, and it never affects your score.

Where a check runs, it decides approval; the rate is the same for everyone approved.

One application, issued instantly.

These are the actual issuing fields — the application includes a credit consent, but it authorizes a soft pull only, never a hard inquiry.

Start the application →
FAQ

Common questions.

How much is the Iron Workers Local 17 wage and benefit bond?The premium is $1,200 flat — set by our carrier's rate book for this bond, the same for every contractor at this tier. The $30,000 bond amount is set by Local 17's employer schedule, so there is no quote process.
Do I pay the $30,000?No. You pay $1,200. The $30,000 is the local's maximum recovery if a valid claim is made against the bond — not a deposit, and nobody holds your money.
How fast will I have the bond?Bonds like this are among the thousands of bond types that issue right after purchase — many contractors finish the application and have the bond in the same sitting. Issued when you pay. One soft credit pull, never a hard inquiry, and it never affects your score.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score.
What if my crew size calls for a different amount?Then you need a different tier — Local 17 sets larger bonds for larger crews. Check your signatory agreement or ask the Local 17 office which amount applies to your current headcount.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
Related bonds

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Been told you need a different amount?

Price and requirements checked on the carrier’s application, . Page updated .

File your Local 17 wage & benefit bond today.

$1,200 flat, soft pull only, bond often issued in the same sitting. Free until issued.

Your price$1,200
Apply now →