WA IBEW Local 46 bonds.
$400 flat.
An electrical contractor signatory to a collective bargaining agreement with IBEW Local Union No. 46 (Seattle) posts this $10,000 bond to guarantee its wages and contributions to the union’s fringe benefit trust 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 fringe benefits 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
Fringe benefits bonds at this fixed amount are among the bond types that issue right after purchase. At most, 1–2 business days.
File with Local 46
Your executed bond and power of attorney arrive by email, ready to file with IBEW Local Union No. 46 or its fringe benefit trust fund administrator. Wet-ink original mailed on request.
What it is and who needs it.
What the IBEW Local 46 fringe benefits bond actually guarantees
A fringe benefits bond — sometimes called 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 electrical workers. International Brotherhood of Electrical Workers Local Union No. 46, based in Seattle and covering the Puget Sound electrical trade, sets this bond at a fixed $10,000 for the accounts it covers.
It is a three-party arrangement: the contractor (the principal), the surety carrier, and IBEW Local Union No. 46 or its fringe benefit trust funds — administered for the local by the Puget Sound Electrical Workers (PSEW) Trusts — (the obligee), protecting the covered workers whose health & welfare, pension, and training-fund benefits depend on those contributions actually arriving. If a signatory contractor falls short on wages or fund contributions, the union or trust 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 between a signatory contractor and Local 46 (or the Puget Sound Chapter, NECA, on the employer side) — not a Washington statute. The $10,000 amount and the $400 premium are fixed for this bond; if your agreement or trust fund administrator calls for a different bond amount, confirm it with Local 46 or PSEW Trusts 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 Washington bonds.
Signatory status without the paperwork delay.
$400 flat, soft pull only. Free until issued.