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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How much does an Ohio Iron Workers Local 17 bond cost?
$1,200 at the $30,000 amount, the same for every applicant.
Three steps. One sitting.
A wage and benefit filing is about the simplest thing in surety. Here's the entire process:
Apply online
Business details, an effective date, and a soft credit consent. That's the application — no financial statements.
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.
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 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.
You need this bond if you're
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 →Common questions.
Other Ohio bonds.
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.
