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California bonds

California — IBEW Local No. 340 Wage And Fringe Benefits Bond

Bring the Local 340 employer wage/fringe request with the California agreement to Purchase Now. Keep any contractor-licensing security identifiable separately from the union demand.

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Recorded state
California
Bond type
Wage & Fringe Benefits Bond
Category
Employment, wages & benefits

What this bond does

The actual instrument sets employer wages and benefit remittances secured. The union number does not establish the employer's legal entity type or a state licensing requirement.

Who needs it
The business responsible for labor payments under its actual IBEW Local 340 agreement.
Who it protects
Use the full required wage, union, fund or trustee entries. This does not purchase employee insurance or establish state licensing and union acceptance together.

Your bond option

This is the option on record for this bond.

The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.

Keep the Local 340 request distinct from LLC licensing security

CSLB describes separate Employee/Worker Bond requirements for contractor LLC licensing. That official licensing context does not identify the Local 340 employer agreement, required funds or accepted union form.

Collect the actual union demand and any licensing instructions separately. Do not assume one instrument satisfies both, infer an LLC from the California label or turn a licensing sum into this option's amount. A project's payment bond is not automatic Local 340 acceptance either.

Sources

Have these ready

  1. Legal employer/entity and applicable Local 340 agreement.
  2. Complete wage/fringe demand, separate from licensing paperwork.
  3. Payroll and actual employer contribution-reporting references.
  4. Full legal beneficiaries, required form, requested sum and dates.
  5. Issued-bond signing and actual union/fund delivery instructions.

Questions about this bond

Does an LLC Employee/Worker Bond automatically satisfy Local 340?

That acceptance is not established. CSLB's licensing guidance does not verify this union's required undertaking or dual-use approval.

Does the California label make the state the beneficiary?

Use the actual union instrument's complete legal entries. A state label or licensing page does not identify all Local 340 recipients.

Is ERISA fidelity protection the same obligation?

Protecting plan assets against dishonest handling differs from employer wage/contribution payments. The union request does not establish that separate fidelity arrangement.

How do I start the union application?

Purchase Now opens Propeller in a new tab. Provide the employer's full Local 340 demand, check the issued form and finish required execution and delivery. Applying does not establish fund acceptance or licensing approval.

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