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Wisconsin Carpenters Council wage bonds.
From $100.

A signatory carpentry contractor bound to the North Central States Regional Council of Carpenters posts this bond to guarantee that the wages and fringe-benefit contributions it owes under its collective bargaining agreement actually reach the Council's benefit funds. Premiums cost 4% of the bond amount, $100 minimum.

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Runs to the North Central States Regional Council of Carpenters Benefit Funds (PO Box 4002, Eau Claire, WI), named as obligee in the bond
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Backs the wages, pension, health, vacation, training, and working-dues contributions your collective bargaining agreement requires
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One soft credit pull — never a hard inquiry, and it never affects your score
From $1004% of the bond amount, $100 minimumA-ratedA.M. Best carriersSoft pull onlynever a hard inquiry
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does a Wisconsin Carpenters Council wage bond cost?

4% of the bond amount, from $100. Enter your amount in the calculator for the exact price.

How it works

Three steps. One sitting.

Signatory paperwork usually has a deadline attached, so this one is built to move: enter the amount, pay, and send the executed bond to the fund office. Here is the whole thing:

TODAY · ONLINE

Apply online

Your company details, the bond amount your agreement names, an effective date, and the credit consent that authorizes a soft pull. That is the application.

INSTANTLY

Issued

Most applications approve instantly. The credit consent authorizes a soft inquiry that never affects your score, and no hard inquiry ever runs on this bond.

SAME DAY

Send it to the fund office

Your executed bond and power of attorney arrive by email, ready to send to the North Central States Regional Council of Carpenters Benefit Funds office in Eau Claire. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the wage & fringe benefit bond actually guarantees

When a carpentry contractor signs on as signatory to the North Central States Regional Council of Carpenters — formed from a series of mergers of the former Wisconsin Carpenters union councils and affiliated with the United Brotherhood of Carpenters and Joiners of America — it agrees under its collective bargaining agreement to pay negotiated wages and fringe-benefit contributions into the Council's multiemployer trust funds for every hour its signatory crews work. Those funds include the Council's pension, health, vacation, training, labor-management cooperation, and working-dues funds.

The bond form itself, issued to the North Central States Regional Council of Carpenters Benefit Funds as obligee, conditions the obligation on the contractor complying with all terms of its agreement relating to payment of contributions to those funds. If the contractor defaults, the Funds furnish the surety a verified statement of the amounts owing, and the surety's aggregate liability is capped at the bond's penal sum.

This is a private, contractual requirement — not a Wisconsin statute. There is no single fixed penal sum; the amount is the figure your agreement or the Council's fund office names, generally scaled to your covered payroll and expected contribution volume. Enter that figure; we price the bond from a $100 minimum, and the application includes only a soft-pull credit consent.

North Central States Regional Council of Carpenters collective bargaining agreement — not a Wisconsin statuteThis is a private, contractual bond — Wisconsin has no statute requiring it. The obligation comes from the collective bargaining agreement between a signatory contractor and the North Central States Regional Council of Carpenters, together with the trust agreements governing the Council's benefit funds (pension, health, vacation, training, labor-management cooperation, and working dues). The bond names the North Central States Regional Council of Carpenters Benefit Funds, PO Box 4002, Eau Claire, WI 54702, as obligee, and caps the surety's aggregate liability at the stated penal sum. Confirm the exact required amount and fund names with your agreement or the fund office before the bond is issued.

You need this bond if you are

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Becoming signatory to the Council's agreement and it conditions your status on posting a wage & fringe benefit bond
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A contractor from outside the jurisdiction taking work covered by a North Central States Regional Council of Carpenters agreement
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Replacing an expiring or cancelled bond so your signatory status is never left uncovered
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Increasing the bond amount after your covered payroll or contribution volume grew
After you buy

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 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.

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

Issued. Most applications approve instantly. The credit consent authorizes a soft inquiry that never affects your score, and no hard inquiry ever runs on this bond.

What sets the price

The premium is 4% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not 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, then a quick review.

These are the actual issuing fields. The credit consent authorizes a soft pull only — a soft inquiry that never affects your score.

Start the application →
FAQ

Common questions.

How much is the North Central States Regional Council of Carpenters wage & fringe benefit bond?Premiums cost 4% of the bond amount, with a $100 minimum. Enter the penal sum your agreement or the Council's fund office names and your exact price appears at the application.
What amount should I enter?The figure your collective bargaining agreement or the Council's fund office specifies. These bonds are typically sized off covered payroll and expected contribution volume, so the number is specific to your shop — ask the fund office if your paperwork is silent.
What does the bond guarantee?That the wages and fringe-benefit contributions your reports declare — to the Council's pension, health, vacation, training, and related funds — actually reach the North Central States Regional Council of Carpenters Benefit Funds. If they are not paid, the Funds can furnish a verified statement of amounts owing and recover against the bond up to its penal sum.
Do I pay the full bond amount?No. You pay the premium only. The bond amount is the surety's maximum exposure if the Funds make a valid claim — it is not a deposit, and nobody holds your money.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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Price and requirements checked on the carrier’s application, . Page updated .

Get your signatory bond filed today.

4% of the bond amount, $100 minimum, priced at the application. Soft pull only. Free until issued.

Your premiumfrom $100
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