IBEW Local 20 bonds.
4% of the bond amount.

A contractor signatory to a collective bargaining agreement with the International Brotherhood of Electrical Workers, Local Union No. 20 (Dallas–Fort Worth) posts this bond to guarantee its contributions to the Local’s welfare and fringe benefit funds. Premiums are 4% of the bond amount, $100 minimum. 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.

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Required of a signatory contractor under its collective bargaining agreement with IBEW Local 20

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Guarantees contributions to the Local’s welfare and fringe benefit funds on behalf of covered electricians

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4% of the bond amount, $100 minimum — enter your required bond amount and the premium updates

4% of amount$100 minimumSoft pull onlynever a hard inquiryFastissued the moment you pay

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How it works

Apply to filed in one sitting.

Your signatory agreement is waiting on this bond. Here is the whole process:

TODAY · ONLINE

Apply online

Your business details, the bond amount your agreement requires, the effective date, and a one-time consent to a soft credit pull.

USUALLY MINUTES

Approved

Most applications clear quickly on a soft pull that never affects your score; pricing is 4% of the bond amount, $100 minimum.

SAME DAY

File with Local 20

Your executed bond and power of attorney arrive by email, ready to file with IBEW Local Union No. 20 or its welfare fund administrator. Wet-ink originals mailed on request.

About this bond

What it is and who needs it.

What the IBEW Local 20 welfare funds bond actually guarantees

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 electricians. IBEW Local Union No. 20, based in the Dallas–Fort Worth Metroplex, requires this bond of a signatory electrical contractor to secure its contributions to the Local’s welfare and fringe benefit funds.

It is a three-party arrangement: the contractor (the principal), the surety carrier, and IBEW Local Union No. 20 or its fringe benefit trust funds (the obligee), protecting the covered electricians whose benefits depend on those contributions actually arriving. If a signatory contractor falls short on fund contributions, the Local 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 bond amount is set by your agreement with Local 20, not by us; enter the figure your agreement requires and see your exact price — 4% of that amount, $100 minimum, after a soft credit pull that never affects your score.

Collective bargaining agreement with IBEW Local Union No. 20 — not a Texas statuteThis bond is required by the private collective bargaining agreement between a signatory electrical contractor and IBEW Local Union No. 20 (Dallas–Fort Worth, TX), or its affiliated welfare and fringe benefit trust funds, not by a Texas statute or state agency rule. The agreement sets both the requirement and the bond amount; confirm your exact required figure with Local 20 or your fringe benefit fund administrator before applying.

You need this bond if you are

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A contractor signatory to a collective bargaining agreement with IBEW Local Union No. 20

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Bidding or performing electrical work that requires employing covered Local 20 electricians in the DFW area

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Renewing your agreement and the Local or fund administrator has asked for an updated bond

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A subcontractor whose general contractor requires proof of a welfare funds bond before work begins

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 →

FAQ

Common questions.

How much is the IBEW Local 20 welfare funds bond?Premiums are 4% of the bond amount, $100 minimum. The amount itself is set by your collective bargaining agreement with IBEW Local Union No. 20. Enter that figure and your exact price appears at the application.

What amount should I enter?Use the bond amount your signatory agreement with Local 20 requires. If you are not sure of the figure, ask the Local or its fringe benefit fund administrator, then come back and enter it — the premium updates instantly.

What does the bond guarantee?That you make the contributions to Local 20’s welfare and fringe benefit funds that your collective bargaining agreement requires. If you default and the surety pays a claim, you repay the surety — it is not insurance for you.

Where do I file it?Deliver the executed bond directly to IBEW Local Union No. 20 or its welfare fund administrator, whichever your agreement designates. We email you the signed bond and power of attorney the same day it is issued.

Is there a credit check?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.

Related bonds

Other Texas bonds.

Signatory status without the paperwork delay.

4% of the bond amount, $100 minimum, soft pull only. Free until issued.

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