Pipefitters Local 120, based in Cleveland, requires signatory contractors to post a wages and fringe benefits bond guaranteeing union-scale wages and contributions to its benefit funds. This is a private requirement of the local's collective bargaining agreement, not an Ohio statute. Premiums cost 2% of the bond amount plus a $25 fee, $125 minimum. Enter the amount your signatory agreement requires and your exact price appears at the application.
















No long underwriting queue for the standard wages and fringe bond — enter your amount, consent to a soft pull, and file with the local. Here is the whole thing:
Your company details, the bond amount your Pipefitters Local 120 agreement requires, the mailing address for your filing, and the effective date — plus a one-time consent to a soft credit pull.
Most wages 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.
Your executed bond and power of attorney arrive by email, ready to file with Pipefitters Local 120 or its benefit funds office so your signatory status stays current. Wet-ink originals mailed on request.
Pipefitters Local 120, headquartered in Cleveland, represents pipefitters, steamfitters, and HVAC/refrigeration technicians across Northeast Ohio. Contractors who sign the local's collective bargaining agreement agree to pay union-scale wages and to remit contributions to its fringe benefit funds — health, pension, and apprenticeship programs administered through the local's benefit funds office.
The wages and fringe benefits bond backs those obligations. It is a three-party arrangement: you (the principal), the surety carrier, and Pipefitters Local 120 and its benefit funds (the obligee / protected parties). If a signatory contractor fails to pay covered wages or remit fund contributions, the local and its funds can recover 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 of the collective bargaining agreement, not an Ohio statute, so the amount is set per contractor by the local rather than by a fixed public figure. Enter the amount your signatory agreement calls for; premiums price at 2% of that amount plus a $25 fee, $125 minimum, and the application includes a credit consent that authorizes a soft pull only.
Submit the application with the bond amount your Pipefitters Local 120 agreement requires. Most clear quickly; larger amounts may get a brief underwriter review, usually within 48 hours.
Start the application →Premiums from $125, priced at 2% of the bond amount plus a $25 fee. Enter your required figure and file with the local the same day.