IBEW Local Union No. 175 — the Chattanooga-based local of the International Brotherhood of Electrical Workers — requires a signatory electrical contractor to post a $25,000 wage and welfare bond guaranteeing union-scale wages and contributions to the local's benefit funds. This is a private requirement of Local 175's collective bargaining agreement, not a Tennessee statute. Ours is $1,000 flat, and the price you see is the checkout price. The application includes a credit consent, but it authorizes a soft pull only — never a hard inquiry.
















Signatory status with Local 175 is waiting on this one filing. Here's the entire process:
Business details, an effective date, and a one-time consent to a soft credit pull. That is the entire application.
This bond is checkout-priced at $1,000 flat, so it issues the moment you pay. At most, 1–2 business days.
Your executed bond and power of attorney arrive by email, ready to file with IBEW Local 175 so your signatory status stays current. Wet-ink original mailed on request.
IBEW Local Union No. 175 is the Chattanooga-based affiliate of the International Brotherhood of Electrical Workers, representing electrical workers across southeast Tennessee. A contractor who signs Local 175's collective bargaining agreement agrees to pay union-scale wages and to remit contributions to the local's fringe benefit funds — health & welfare and related benefit accounts covering its members.
The wage and welfare bond backs those obligations for a signatory contractor. It is a three-party arrangement: you (the principal), the surety carrier, and IBEW Local Union No. 175 and its benefit funds (the obligee / protected parties). If a signatory contractor fails to pay covered wages or remit fund contributions, the local 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 a Tennessee statute, so the $25,000 amount is set by the local rather than a public statute. The bond must stay on file for as long as you hold signatory status, so we track the term and send renewal notices ahead of expiration.
These are the actual issuing fields — business details, an effective date, and a soft-pull credit consent that never affects your score.
Start the application →$1,000 flat, no quote process, bond often issued in the same sitting. Free until issued.