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California bonds

California — IBEW Local No. 6 (EISB) Fringe Benefits Bond

Prepare the Local 6 (EISB) employer fringe request with its contribution agreement and required fund wording. Purchase Now starts the California bond application, not a participant benefit election.

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

What this bond does

The required instrument defines employer contributions secured. EISB's plan-administration role does not by itself establish the bond's legal beneficiaries.

Who needs it
The employer responsible for remittances in the actual Local 6 contribution agreement and demand.
Who it protects
Retain the required funds or trustees and employer principal. Contribution security differs from benefit enrollment and protection against dishonest handling of plan assets.

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.

Distinguish EISB's administration role from the bond's legal parties

The EISB Health and Welfare summary defines EISB as Electrical Industry Service Bureau, Inc., the plan's day-to-day contract administrator. That description does not make EISB the automatic sole obligee or establish every plan secured by this offering.

Use the actual employer security form and complete legal beneficiary entries. A participant wage-deferral election is not that request, and an electrical project's payment bond does not establish the same contribution undertaking.

Sources

Have these ready

  1. Legal employer and applicable Local 6 contribution agreement.
  2. Complete EISB-referenced employer security demand.
  3. Contribution account/reporting information actually required.
  4. Exact funds/trustees, requested form, sum and dates.
  5. Issued-bond signing and actual recipient submission instructions.

Questions about this bond

Is EISB automatically the sole named obligee?

Its published administrator role does not establish that. Copy the complete required legal entries from the employer bond instrument.

Does this make a participant's benefit election?

No benefit election or enrollment is made by this employer security application. Participant instructions and the bond request serve different purposes.

Does Fringe Benefits automatically include direct wages?

The title does not establish an added direct-payroll undertaking. Check the required instrument for its payment scope.

How do I start the bond application?

Select Purchase Now for Propeller's new-tab application and provide the employer's full Local 6 request. Review the issued form, complete required execution and submit it as directed. Applying does not prove fund acceptance.

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