Northern Ohio LMC wage & fringe bonds.
4% of the bond amount.

Northern Ohio LMC, Inc. — a labor-management cooperation committee (LMC) serving unionized building trades in Northern Ohio — requires signatory contractors to post a wage and fringe benefits bond guaranteeing union-scale wages and fringe fund contributions. This is a private contractual requirement, not an Ohio statute. Premiums cost 4% of the bond amount, $100 minimum. Enter the amount your agreement requires and your exact price appears at the application.

✓

Required by Northern Ohio LMC, Inc. as a condition of a contractor's signatory status

✓

Guarantees union-scale wages and fringe benefit fund contributions owed to the covered workforce

✓

From $100, priced at 4% of the bond amount — enter your required figure and see your price at application

From $1004% of the bond amount, $100 minimumSoft pull onlynever a hard inquiryFastinstant underwriting for most

Trusted by industry leaders

How it works

Apply to filed in one sitting.

No long underwriting queue for the standard wage and fringe bond — enter your amount, consent to a soft pull, and file with Northern Ohio LMC. Here is the whole thing:

TODAY · ONLINE

Apply online

Your company details, the bond amount your Northern Ohio LMC, Inc. agreement requires, and the effective date — plus a one-time consent to a soft credit pull.

FAST REVIEW

Approved

Most wage and fringe bonds clear quickly. The application includes a credit consent, but it authorizes a soft pull only — a soft inquiry that never affects your score. Larger amounts may get a brief review.

SAME DAY

File with the committee

Your executed bond and power of attorney arrive by email, ready to file with Northern Ohio LMC, Inc. so your signatory status stays current. Wet-ink originals mailed on request.

About this bond

What it is and who needs it.

What the wage & fringe bond actually guarantees

A labor-management cooperation committee (LMC) is a joint body of unions and signatory contractors, organized under federal labor-management cooperation law, that promotes productivity, market recovery, and compliance in a given trade and region. Northern Ohio LMC, Inc. operates in that role for unionized building-trades work across Northern Ohio, and requires signatory contractors to demonstrate they can meet their wage and fringe obligations.

The wage and fringe benefits bond backs those obligations. It is a three-party arrangement: you (the principal), the surety carrier, and Northern Ohio LMC, Inc. and the benefit funds it protects (the obligee / protected parties). If a signatory contractor fails to pay covered wages or remit fringe fund contributions, a claim can be brought against the bond.

It is not insurance for you — if the surety pays a claim, you repay the surety. This is a private contractual requirement, not an Ohio statute, so the amount is set per contractor rather than by a fixed public figure. Enter the amount your agreement calls for; premiums price at 4% of that amount, $100 minimum, and the application includes a credit consent that authorizes a soft pull only.

Northern Ohio LMC, Inc. — signatory contractor agreementThis bond is required by Northern Ohio LMC, Inc., a Northern Ohio building-trades labor-management cooperation committee, as a condition of a contractor's signatory status, guaranteeing payment of covered wages and fringe benefit fund contributions. It is a private contractual requirement, not an Ohio statute. Confirm the required bond amount and filing form directly with Northern Ohio LMC, Inc.

You need this bond if you are

✓

A contractor signing a Northern Ohio LMC, Inc. agreement as a condition of your signatory status

✓

Employing a covered union workforce and required to bond your wage and fringe obligations

✓

Renewing your signatory status with a wage and fringe bond that is expiring

✓

Bidding union building-trades work in Northern Ohio that conditions the job on this bond

One application, then a quick review.

Submit the application with the bond amount your Northern Ohio LMC, Inc. agreement requires. Most clear quickly; larger amounts may get a brief underwriter review, usually within 48 hours.

Start the application →

FAQ

Common questions.

How much is the Northern Ohio LMC wage and fringe bond?Premiums cost 4% of the bond amount, with a $100 minimum. The amount itself is set by Northern Ohio LMC, Inc. per contractor — there is no single fixed figure. Enter the amount your agreement requires and your exact price appears at the application.

What amount should I enter?The bond amount Northern Ohio LMC, Inc. told you to post. If you're unsure, contact the committee directly before applying — we price whatever figure you enter.

What does the bond guarantee?That you pay covered wages and remit fringe benefit fund contributions. If you fall short, a claim can be brought 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 — a soft inquiry that never affects your score. No hard inquiry ever runs on this bond. Larger bond amounts may get a brief underwriter review.

Where do I file it?With Northern Ohio LMC, Inc. directly, as part of your signatory contractor paperwork. Your executed bond and power of attorney arrive by email, ready to file — wet-ink originals mailed on request.

Related bonds

Other Ohio bonds.

Signatory status waiting on one bond.

Premiums from $100, priced at 4% of the bond amount. Enter your required figure and file with Northern Ohio LMC the same day.

Start application

Your premiumfrom $100

Apply now →