A contractor signatory to a collective bargaining agreement with the Southern Regional Council of Carpenters, Local 2232 (a millwrights local based in Pasadena, TX) posts this $50,000 bond to guarantee its wages and contributions to the union's wage and welfare funds — ours is $2,000 flat, and the price you see is the checkout price. The application includes a credit consent, but it authorizes a soft credit pull only — a soft inquiry that never affects your score. No hard inquiry ever runs on this bond.
















This is a fixed-amount, fixed-price wage and welfare bond. Here's the entire process:
Company details, an effective date, and a one-time consent to a soft credit pull — that's the application.
Wage and welfare bonds at this fixed amount are among the bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond and power of attorney arrive by email, ready to file with the Southern Regional Council of Carpenters, Local 2232, or its wage and welfare fund administrator. Wet-ink original mailed on request.
A wage and welfare bond is the financial guarantee a union local requires of a signatory contractor: a contractor bound by a collective bargaining agreement to employ covered millwrights or carpenters. Local 2232, based in Pasadena, TX, is a millwrights local affiliated with the Southern Regional Council of Carpenters, which represents members across Alabama, Arkansas, Florida, Georgia, Louisiana, North Carolina, Oklahoma, Tennessee, and Texas. This bond form fixes the required amount at $50,000.
It is a three-party arrangement: the contractor (the principal), the surety carrier, and Local 2232 or its wage and welfare trust funds (the obligee), protecting the covered workers whose wages and benefit contributions depend on the contractor actually paying them. If a signatory contractor falls short, the union can claim against the bond, and if the surety pays, the contractor repays the surety.
This is a private contractual requirement created by the collective bargaining agreement — not a Texas statute. The $50,000 amount and the $2,000 premium are fixed for this bond form; if your agreement calls for a different amount, confirm it with Local 2232 or your fund administrator before applying.
These are the actual underwriting fields, including your company details and a one-time consent to a soft credit pull. The pull never affects your score.
Start the application →$2,000 flat, soft pull only. Free until issued.