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California bonds

California — Union Of Elevator Constructors - Wage And Fringe Bond

Have a Union of Elevator Constructors employer wage/fringe demand? Prepare the California agreement and complete fund instructions for Purchase Now.

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

What this bond does

The required union instrument specifies the employer labor payments secured, not elevator safety, inspection or installation performance.

Who needs it
The employing business responsible for the wages and contributions in the actual elevator-constructors demand.
Who it protects
Use the full required union, wage, fund or trustee beneficiaries. The broad union title does not identify an individual local or employee insurance coverage.

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 labor request separate from elevator project documents

Bring the employer agreement, payroll and fund reporting instructions with the demand. An elevator inspection record or installation contract does not by itself supply the union bond's legal recipients or payment undertaking.

Do not assign a local from a project address or assume a project construction payment bond is equivalent. Use the complete required instrument for this employer request.

Sources

Have these ready

  1. Employer legal identity and applicable union agreement.
  2. Current wage/fringe demand with full union/fund wording.
  3. Payroll and contribution-reporting references.
  4. Required legal beneficiaries, form, requested sum and dates.
  5. Any execution and recipient delivery required after issuance.

Questions about this bond

Does the bond certify elevator safety or inspection?

This offering concerns the employer labor-payment undertaking in the union request, not an inspection approval or installation guarantee.

Which local should I enter?

Use the actual agreement and required form. No individual local is established by the broad title or a project address alone.

Does this replace plan-asset fidelity protection?

Protection against dishonest handling of plan assets differs from employer wages and fringe remittances. The request does not establish ERISA fidelity compliance.

Where do I begin?

Purchase Now takes you to Propeller in a new tab. Enter the employer and complete union demand. Review any issued bond and complete required execution and submission. Applying is not recipient acceptance.

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