This bond is required by Operating Engineers Local No. 139, affiliated with the International Union of Operating Engineers (IUOE), AFL-CIO, as a term of its collective bargaining agreement with signatory contractors — not by a state statute or ordinance. The bond guarantees payment of covered wages and the fringe-benefit contributions the CBA requires into the Local's benefit trust funds. Confirm your required amount and the trust funds covered directly with Local 139 before applying.

What the wage and welfare bond actually guarantees

You need this bond if you are

Most wage and welfare bonds at this size clear instantly — the credit consent informs your price and approval, and the pull it authorizes never affects your score. Your executed bond will arrive by email, ready to file with the Local.

2.5% of the bond amount plus a $25 fee, $125 minimum, for the Operating Engineers Local No. 139 wage and welfare bond, required of signatory contractors under the CBA.

Operating Engineers Local No. 139 - Wage Welfare

Final premium can vary based on underwriting factors

How this works?

If you are a non profit select Corporation

All future bond correspondence and renewals will be sent to this address

Clear pricing.Instant issuance.