OR-WA carpenters fringe benefit bonds.
4% of the bond amount.
A carpentry contractor signatory to a Pacific Northwest Regional Council of Carpenters collective bargaining agreement posts this bond so the fringe benefit contributions it reports each pay period actually reach the Oregon-Washington Carpenters-Employers Trust Fund — the combined health-and-welfare, pension, and training funds the council administers for Oregon and Southwest Washington. It is a collective bargaining obligation, not an Oregon licensing requirement. Premiums cost 4% of the bond amount, $100 minimum. The application includes a credit consent, but it authorizes a soft credit pull only.
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Apply to filed in one sitting.
A new signatory agreement usually comes with a start date attached, and the trust fund office wants the bond in hand before the first report. This one is built to move:
Apply online
Your company details, years in business, the bond amount your agreement or trust fund office set, an effective date, and the credit consent that authorizes a soft pull. That is the application.
Issued
Most applications approve instantly. The credit consent authorizes a soft inquiry that never affects your score, and no hard inquiry ever runs on this bond.
Send it to the trust fund office
Your executed bond and power of attorney arrive by email, ready to send to the trust fund office that administers your plans and collects the periodic reports. Wet-ink original mailed on request.
What it is and who needs it.
What the OR-WA Carpenters fringe benefit bond actually guarantees
When a carpentry, framing, or drywall contractor signs a collective bargaining agreement with the Pacific Northwest Regional Council of Carpenters (successor to the Western States Regional Council of Carpenters agreements covering Oregon and Southwest Washington), it takes on negotiated wage rates and employer contributions to the union's benefit trusts — commonly the Oregon-Washington Carpenters-Employers Health and Welfare Trust Fund, the associated pension trust, and an apprenticeship/training fund. A fringe benefit bond is the security the trust fund office can require a signatory contractor to post before it accepts reports, or when a contractor has a history of late or short payments.
The bond guarantees that the fringe benefit contributions reported each period actually reach the trust funds they are owed to. If a contractor becomes delinquent, the trust fund office can make a claim against the bond, up to the bonded sum, to recover the shortfall; the surety then seeks reimbursement from the contractor. The bond amount is not a flat statutory figure — the trust sets it under its own rules and the applicable signatory agreement, scaled to the contractor's covered payroll and expected contribution exposure.
This is a private, contractual bond, not an Oregon licensing requirement — no state agency issues it or receives it. The obligation runs from the collective bargaining agreement between the contractor and the carpenters council whose trust funds it feeds. We price the bond from a $100 minimum at 4% of the amount the trust fund office sets, and the application includes only a soft credit consent — never a hard inquiry.
You need this bond if you are
One application, priced on the spot.
These are the actual issuing fields. The credit consent authorizes a soft pull only — a soft inquiry that never affects your score.
Start the application →Common questions.
Other Oregon bonds.
Signatory status waiting on one bond.
4% of the bond amount, $100 minimum. Enter the sum your trust fund office named and send it in the same day. Free until issued.