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Texas Carpenters & Millwrights bonds.
$1,200 flat.
A contractor signatory to a collective bargaining agreement with the Southern District UBC Health Plan, administered for Texas as the Texas Carpenters and Millwrights Health and Welfare Fund, posts this $30,000 bond to guarantee its wages and health and welfare contributions. Ours is $1,200 flat.
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Three steps. One sitting.
This is a fixed-amount, fixed-price wage-and-welfare bond. Here’s the entire process:
Apply online
Company details, an effective date, and a one-time consent to a soft credit pull — that’s the application.
Pay & e-sign
Wage-and-welfare bonds at this fixed amount are among the 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 the Fund
Your executed bond and power of attorney arrive by email, ready to file with the Texas Carpenters and Millwrights Health and Welfare Fund or its plan administrator. Wet-ink original mailed on request.
What it is and who needs it.
What the Carpenters & Millwrights health and welfare bond actually guarantees
A wage-and-welfare bond is the financial guarantee a union benefit fund requires of a signatory contractor: a contractor bound by a collective bargaining agreement to employ covered carpenters or millwrights. The fund covering Texas signatory contractors operates as the Southern District UBC Health Plan, also administered under the name Texas Carpenters and Millwrights Health and Welfare Fund, a multiemployer 501(c)(9) trust delivering medical and related benefits to covered members and their dependents.
It is a three-party arrangement: the contractor (the principal), the surety carrier, and the fund (the obligee), protecting covered workers whose health and welfare benefits depend on the contractor’s contributions actually arriving. If a signatory contractor falls short on wages or fund contributions, the fund 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 $30,000 amount and the $1,200 premium are fixed for this bond form; if your agreement calls for a different bond amount, confirm it with the fund or your plan administrator before applying.
You need this bond if you are
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 $30,000 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 the Fund. Your executed bond and power of attorney arrive by email, ready to file with the Texas Carpenters and Millwrights Health and Welfare Fund or its plan administrator. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $1,200 at the $30,000 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 fast.
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 →Common questions.
Other Texas bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Signatory status without the paperwork delay.
$1,200 flat, soft pull only. Free until issued.