Ohio Laborers' Local 894 wage & welfare bonds.
4% of the bond amount, $100 minimum.

Under the Laborers’ Local No. 894 Building Agreement with the AGC Akron Division — covering Summit, Portage, and Medina counties — every signatory employer must post a surety bond simultaneously with executing the agreement to secure wages plus Health/Welfare, Pension, and AGC fund contributions. The bond is tiered by covered employee count: $8,000 for 1–4 employees, $16,000 for 5–9, and $25,000 for 10 or more. 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 the Local 894 Building Agreement — filed with the Local 894 office before laborers are dispatched

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Tiered by crew size: $8,000 (1–4), $16,000 (5–9), $25,000 (10+) covered employees — the agreement’s exact figures

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4% of the bond amount, $100 minimum — pick your tier 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 wage-and-welfare bond — pick your tier, consent to a soft pull, and file with the Local 894 office. Here is the whole thing:

TODAY · ONLINE

Apply online

Your company details, the covered-employee tier ($8,000 / $16,000 / $25,000), the effective date, and a one-time credit consent authorizing a soft pull only.

INSTANTLY

Approved

Most Local 894 wage-and-welfare 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 Local 894

Your executed bond and power of attorney arrive by email in duplicate, ready to file with the Local Union No. 894 office — required before laborers will be dispatched.

About this bond

What it is and who needs it.

What the Local 894 wage & welfare bond actually guarantees

The Laborers’ Local No. 894 Building Agreement with the AGC Akron Division requires every signatory employer to post a surety bond simultaneously with executing the agreement, to insure payment for all labor performed and for Health/Welfare, Pension, and AGC fund contributions — including the Training and Apprenticeship Fund and dues checkoff. The bond must be furnished in duplicate, with a copy forwarded to the AGC Akron Division office, and it must be on file with the Local 894 office before laborers will be dispatched.

The amount is tiered by covered employee count: $8,000 for 1–4 employees, $16,000 for 5–9, and $25,000 for 10 or more. Some long-standing signatory employers may qualify for an exemption from the bond requirement under the agreement’s terms — confirm your status with the Local 894 office or the AGC Akron Division before applying.

It is a three-party arrangement: the employer (principal), the surety, and Local 894 (obligee), securing laborers’ wages and fund contributions. Non-payment of the fringe benefits is itself a violation of the agreement, and the union may declare the agreement terminated on notice. Enter your covered-employee tier here; we price the bond from a $100 minimum.

Local No. 894 Building Agreement with the AGC Akron Division — not an Ohio statuteThis bond is not required by state law. It is a condition of the Building Agreement between the AGC Akron Division and Laborers’ Local No. 894, covering Summit, Portage, and Medina counties: every signatory employer posts a surety bond, furnished in duplicate, simultaneously with executing the agreement, to secure wages plus Health/Welfare, Pension, and AGC fund (including Training and Apprenticeship Fund) contributions, in the amount of $8,000 for 1–4 covered employees, $16,000 for 5–9, or $25,000 for 10 or more. Some long-standing signatory employers may qualify for an exemption from this requirement under the agreement’s terms — confirm your status and the exact provision with the Local 894 office before applying. The bond must be on file with the Local 894 office before laborers are dispatched.

You need this bond if you are

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A contractor signatory to the Local 894 Building Agreement executing or renewing the agreement with the AGC Akron Division

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New to the agreement where a long-standing-signatory exemption, if any, would not yet apply

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An employer who missed a payment or contribution and must repost the bond in like amount under the Building Agreement

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Growing your crew past a tier threshold (4, 9, or beyond) and needing the higher bond amount

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 Laborers' Local 894 wage & welfare bond?Premiums cost 4% of the bond amount, with a $100 minimum. The Local 894 Building Agreement sets the amount by covered employee count: $8,000 for 1–4 employees, $16,000 for 5–9, and $25,000 for 10 or more. Pick your tier and your exact price appears at the application.

What amount should I enter?The tier that matches your covered employee count under the Building Agreement — $8,000, $16,000, or $25,000. If you are unsure how many employees count, ask the Local 894 office or your AGC Akron Division representative before applying.

What does the bond guarantee?It guarantees payment of wages for all labor performed under the agreement, plus contributions to the Health/Welfare, Pension, and AGC funds (including the Training and Apprenticeship Fund) and dues checkoff. If you fail to pay and Local 894 is shorted, it 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 Laborers’ Local Union No. 894 office, with a duplicate copy forwarded to the AGC Akron Division office. The bond must be on file before Local 894 will dispatch laborers to your job. Your executed bond and power of attorney arrive by email the same day.

Related bonds

Other Ohio bonds.

Post your Local 894 wage & welfare bond before dispatch.

4% of the bond amount, $100 minimum, soft pull only. Pick your covered-employee tier and file with Local 894 the same day.

Start application

Your premiumfrom $100

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