Illinois — IBEW Local No. 150 Wage And Fringe Benefit Bond
Keep IBEW with Local 150 on the Illinois employer wage/fringe request. Bring the actual electrical-workers agreement and required legal fund entries to Purchase Now.
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- Recorded state
- Illinois
- Bond type
- Wage & Fringe Benefits Bond
- Category
- Employment, wages & benefits
What this bond does
The required instrument defines employer wages and contribution payments secured. Local 150 alone does not identify the trade, agreement or full legal beneficiaries.
- Who needs it
- The employer responsible for payments under its actual IBEW Local 150 agreement.
- Who it protects
- Retain required wage, IBEW, fund or trustee entries with the legal employer. The request does not buy employee insurance or establish project payment security as equivalent.
Your bond option
This is the option on record for this bond.
- Bond optionPurchase Now (opens in a new tab)Continue to our secure checkout partner, Propeller (opens in a new tab).
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.
Sources
- Texas Department of Insurance: general surety parties and project purposes (opens in a new tab)Checked October 23, 2026
Have these ready
- Legal employer and actual IBEW Local 150 agreement.
- Complete Illinois wage/fringe security demand.
- Payroll and required employer contribution-reporting references.
- Full legal recipients, instrument, requested sum and security dates.
- Issued-bond signing and recipient submission instructions.
Questions about this bond
Does another union's Local 150 identify the same request?
A shared number does not establish that match. Keep IBEW and the actual electrical-workers employer agreement.
Is IBEW 150 the complete legal fund list?
Use the actual required entries. The union/local reference does not provide every trust or trustee beneficiary.
Does this establish ERISA fidelity protection?
Employer wages/contributions differ from protecting plan assets against dishonest handling. The local number does not establish a separate fidelity arrangement.
How do I start with the IBEW request?
Purchase Now opens Propeller in a new tab. Provide the full IBEW 150 employer demand, check the issued form and complete required execution and delivery. Applying does not establish legal recipients' acceptance.