Wisconsin Operating Engineers Local 139 bonds.
From $125.
A contractor who signs the collective bargaining agreement with Operating Engineers Local No. 139 must post a wage and welfare bond guaranteeing payment of covered wages and fringe-benefit contributions. Local 139 sets the amount from your anticipated covered payroll. Premiums cost 2.5% of the bond amount plus a $25 fee, $125 minimum.
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How much does a Wisconsin Operating Engineers Local 139 bond cost?
2.5% of the bond amount plus a $25 fee, from $125. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
The bond form comes from the Local on a case-by-case basis; the application itself is short. Enter your amount, consent to a soft pull, and file with the Local. Here is the whole thing:
Apply online
Your company details, the bond amount Local 139 set for your anticipated covered payroll, and a one-time consent to a soft credit pull — no hard inquiry ever runs.
Approved
Most wage and welfare bonds at this size clear instantly. Pricing is 2.5% of the bond amount plus a $25 fee, $125 minimum. Larger requested amounts may get a brief review.
File with the Local
Your executed bond and power of attorney arrive by email, ready to file with Operating Engineers Local No. 139 as required by the collective bargaining agreement. Wet-ink originals mailed on request.
What it is and who needs it.
What the wage and welfare bond actually guarantees
A wage and welfare bond is a condition of the collective bargaining agreement between a signatory contractor and Operating Engineers Local No. 139, the Pewaukee, Wisconsin-based local of the International Union of Operating Engineers (IUOE), AFL-CIO, representing operating engineers across Wisconsin and Michigan's Upper Peninsula. It is not a Wisconsin statute — it is a private contractual requirement the Local imposes as a condition of the CBA.
It is a three-party arrangement: you (the contractor and principal), the surety carrier, and Local 139's benefit trust funds (the obligee). If a signatory contractor fails to remit the wages or the fringe-benefit contributions the CBA requires into the Local's health, pension, and training trust funds, the union can claim against the bond for the shortfall, and the contractor then owes the surety.
There is no single required amount — Local 139 fixes a sum from your anticipated covered payroll and provides the bond form directly, on a case-by-case basis. Enter the figure the Local gave you; your premium is priced at 2.5% of that amount plus a $25 fee, $125 minimum, after a one-time credit consent authorizing a soft pull that does not affect your score.
You need this bond if you are
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
File with the Local. Your executed bond and power of attorney arrive by email, ready to file with Operating Engineers Local No. 139 as required by the collective bargaining agreement. Wet-ink originals mailed on request.
What sets the price
The premium is 2.5% of the bond amount plus a $25 fee, $125 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, issued instantly.
These are the actual underwriting fields, including a one-time credit consent authorizing a soft pull only. The pull never affects your score, and your price — 2.5% of the bond amount plus a $25 fee, $125 minimum — is set at application.
Start the application →Common questions.
Other Wisconsin bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Sign the CBA without the bond holdup.
2.5% of the bond amount plus a $25 fee, $125 minimum, soft pull only. Enter the amount the Local set and file the same day.