Ohio Sheet Metal Workers Local 24 bonds.
$400 flat.
A contractor signatory to the Sheet Metal Workers Local Union No. 24 collective bargaining agreement files a $10,000 wage & fringe benefit bond with the Local — ours is $400 flat, and the price you see is the checkout price. This application includes a credit consent, but it authorizes a soft pull only — never a hard inquiry.
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How much does an Ohio Sheet Metal Workers Local 24 bond cost?
$400 at the $10,000 amount, the same for every applicant.
Three steps. One sitting.
A wage & fringe benefit filing is about the simplest thing in surety. Here's the entire process:
Apply online
Business details, an effective date, the date of your agreement, and a soft credit consent. That's the application — no financial statements.
Pay & e-sign
Wage & fringe benefit filings 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 24
Your executed bond and power of attorney arrive by email, ready to file with the Sheet Metal Workers Local Union No. 24 benefit office. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Sheet Metal Workers Local Union No. 24 — whose territory covers 49 Ohio counties along with parts of Kentucky, West Virginia, and Indiana — requires signatory contractors bound by its collective bargaining agreement to post a wage & fringe benefit bond. It is not an Ohio license bond; there is no statute conditioning it. It is a Local-office requirement, negotiated into the labor agreement, that backstops the contractor's promise to pay wages and fringe-benefit contributions the agreement obligates.
It's a three-party arrangement: you (the principal), the surety carrier, and Local Union No. 24 (the obligee), with covered union members as the protected parties. If a signatory contractor falls behind on wages or fringe contributions the agreement covers, the Local can make a claim against the bond to recover what is owed.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond must stay active for the life of your agreement with the Local, so confirm your exact filing amount and renewal cadence with Local 24's benefit office before you file, since that is the authority that sets and enforces this bond, not the state.
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 $10,000 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 24. Your executed bond and power of attorney arrive by email, ready to file with the Sheet Metal Workers Local Union No. 24 benefit office. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $400 at the $10,000 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 only credit-related item is a soft-pull consent.
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 .
Finish your Local 24 filing today.
$400 flat, soft pull only, bond often issued in the same sitting. Free until issued.