IBEW 60 wage & welfare bonds.
$400 flat.
A contractor signatory to a collective bargaining agreement with IBEW Local Union No. 60 (San Antonio) can post this $10,000 bond to guarantee its wages and contributions to the union's fringe benefit funds — ours is $400 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.
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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. At most, 1–2 business days.
File with Local 60
Your executed bond and power of attorney arrive by email, ready to file with IBEW Local Union No. 60 or its fringe benefit fund administrator. Wet-ink original mailed on request.
What it is and who needs it.
What this IBEW Local 60 wage and welfare 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. This is the fixed $10,000 form IBEW Local Union No. 60 (San Antonio) uses for the accounts it covers at that amount, distinct from the local's variable-amount employers wage and welfare bond, which the local sizes per contractor.
It is a three-party arrangement: the contractor (the principal), the surety carrier, and IBEW Local Union No. 60 or its fringe benefit trust funds (the obligee), protecting the covered workers whose wages and benefit-fund contributions depend on those payments actually arriving. 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 $10,000 amount and the $400 premium are fixed for this specific bond form; if your Local 60 agreement calls for a different bond amount, use the variable employers wage and welfare bond instead, or confirm the correct form with Local 60 or your fringe benefit fund administrator before applying.
You need this bond if you are
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.
Signatory status without the paperwork delay.
$400 flat, soft pull only. Free until issued.