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Maryland bonds

Maryland — IBEW Local No. 26 Fringe Benefit Payment Bond

Need Local 26 employer Fringe Benefit Payment security? Bring the Maryland agreement and actual contribution demand to Purchase Now. Keep Fringe Benefit with Payment when matching the form.

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

What this bond does

The required instrument defines employer benefit remittances secured. Payment alone does not make this an all-project labor/material payment undertaking.

Who needs it
The business responsible for contributions under its actual IBEW Local 26 agreement.
Who it protects
Use complete required employer and fund/trustee entries. This does not buy employee insurance or establish general direct-wage scope from the broader category.

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.

Match Fringe Benefit Payment rather than Payment alone

Bring the complete employer agreement and fund-security demand with actual contribution reports. A project payment form or supplier schedule does not by itself provide the required Local 26 fund wording.

If a project payment bond already exists, its presence does not establish this requirement is met. This guide does not determine overlapping liability under that other instrument or categorically exclude fringe claims from project bonds. Use the actual required form and acceptance instructions.

Sources

Have these ready

  1. Legal employer and actual Local 26 contribution agreement.
  2. Complete Maryland Fringe Benefit Payment demand.
  3. Required employer contribution account/reporting references.
  4. All legal funds/trustees, required instrument, requested sum and dates.
  5. Issued-document signing and actual recipient delivery directions.

Questions about this bond

Does Payment mean all project labor and materials here?

Keep the actual Fringe Benefit Payment request. The shared word does not establish an all-project payment instrument.

Does an existing project payment bond prove this requirement is met?

Not from its presence alone. Use the actual Local 26 request and required wording; this page does not decide another bond's overlapping payment liability.

Does the fund reference establish ERISA fidelity protection?

Employer contributions differ from protecting plan assets against dishonest handling. The payment title does not establish that separate fidelity arrangement.

How do I apply for the fringe-payment request?

Purchase Now opens Propeller in a new tab. Provide the full Local 26 employer demand, review the issued form and complete required execution and submission. Applying does not establish the fund's acceptance.

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