IBEW 60 employers wage & welfare bonds.
4% of the bond amount.

IBEW Local Union No. 60, the San Antonio-based local of the International Brotherhood of Electrical Workers whose jurisdiction spans Bexar County and more than twenty surrounding South and Central Texas counties, requires a signatory electrical contractor to post an employers wage and welfare bond guaranteeing union-scale wages and contributions to the local's benefit funds. This is a private requirement of Local 60's collective bargaining agreement, not a Texas statute. Premiums cost 4% of the bond amount, $100 minimum. Enter the amount your signatory agreement requires and your exact price appears at the application.

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Required by IBEW Local Union No. 60 as a condition of signing its collective bargaining agreement

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Guarantees union-scale wages and fringe benefit fund contributions — health & welfare, pension, and apprenticeship training

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From $100, priced at 4% of the bond amount — enter your required figure and see your price at application

4% rate$100 minimum, by bond amountInstantapproval for mostSoft pull onlynever a hard inquiry

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How it works

Apply to filed in one sitting.

No long underwriting queue for the standard employers wage and welfare bond — enter your amount, consent to a soft pull, and file with the local. Here is the whole thing:

TODAY · ONLINE

Apply online

Your company details, the bond amount your Local 60 agreement requires, and the effective date — plus a one-time consent to a soft credit pull.

FAST REVIEW

Approved

Most wage and welfare bonds clear quickly. The application includes a credit consent, but it authorizes a soft pull only — a soft inquiry that never affects your score. Larger amounts may get a brief review.

SAME DAY

File with the local

Your executed bond and power of attorney arrive by email, ready to file with IBEW Local 60 so your signatory status stays current. Wet-ink originals mailed on request.

About this bond

What it is and who needs it.

What the employers wage & welfare bond actually guarantees

IBEW Local Union No. 60 has represented San Antonio-area electricians since 1893, and today supplies skilled electricians to signatory contractors across Bexar County and a wide swath of South and Central Texas. Contractors who sign Local 60's collective bargaining agreement agree to pay union-scale wages and to remit contributions to the local's fringe benefit funds — health & welfare, pension, and apprenticeship and training.

The employers 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 60 and its benefit funds (the obligee / protected parties). If a signatory contractor fails to pay covered wages or remit fund contributions, the local and its funds 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 Texas statute, so the amount is set per contractor by the local rather than a fixed public figure. Enter the amount your signatory agreement calls for; premiums price at 4% of that amount, $100 minimum, and the application includes a credit consent that authorizes a soft pull only.

IBEW Local Union No. 60 — collective bargaining agreement (San Antonio, TX)This bond is required by IBEW Local Union No. 60 as a condition of a contractor's signatory status under its collective bargaining agreement, guaranteeing payment of union wages and fringe benefit fund contributions. It is a private union requirement, not a Texas statute. Confirm the required bond amount and filing form directly with IBEW Local 60 or its benefit funds administrator.

You need this bond if you are

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An electrical contractor signing the CBA with IBEW Local Union No. 60

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Employing Local 60 electricians and required to bond your wage and welfare obligations

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Renewing your signatory status with a wage and welfare bond that is expiring

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Bidding union electrical work in San Antonio or elsewhere in Local 60's jurisdiction that conditions the job on this bond

One application, then a quick review.

Submit the application with the bond amount your Local 60 agreement requires. Most clear quickly; larger amounts may get a brief underwriter review, usually within 48 hours.

Start the application →

FAQ

Common questions.

How much is the IBEW Local 60 employers wage and welfare bond?Premiums cost 4% of the bond amount, with a $100 minimum. The amount itself is set by IBEW Local Union No. 60 per contractor under its collective bargaining agreement — there is no single fixed figure. Enter the amount your signatory agreement requires and your exact price appears at the application.

What amount should I enter?The bond amount your Local 60 signatory agreement or benefit funds office told you to post. If you're unsure, ask your Local 60 representative or the benefit funds administrator before applying — we price whatever figure you enter.

What does the bond guarantee?That your company pays union-scale wages and remits contributions to Local 60's benefit funds. If you fall short, the local and its funds can claim against the bond, and if the surety pays, you repay the surety.

Is there a credit check?The application includes a credit consent, but it authorizes a soft pull only — a soft inquiry that never affects your score. No hard inquiry ever runs on this bond. Larger bond amounts may get a brief underwriter review.

Where do I file it?With IBEW Local Union No. 60 directly, or its benefit funds administrator, as part of your signatory contractor paperwork. Your executed bond and power of attorney arrive by email, ready to file — wet-ink originals mailed on request.

Related bonds

Other Texas bonds.

Local 60 signatory status waiting on one bond.

Premiums from $100, priced at 4% of the bond amount. Enter your required figure and file with the local the same day.

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