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Maryland bonds

Maryland — International Union Of Elevator Constructors Wage And Fringe Benefits Bond

Prepare the elevator-construction employer's wage and fringe request for this Maryland offering. Have the specific union or fund instructions ready before selecting Purchase Now.

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

What this bond does

The offering identifies employer wage/fringe security associated with the International Union of Elevator Constructors. The requested instrument defines the payment undertaking.

Who needs it
The employing business asked to furnish the elevator-constructors security in its agreement or written demand.
Who it protects
Use the actual local, fund or trustee beneficiary names. The international union title does not identify a local number or complete fund schedule.

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.

Identify the requesting local and fund office

Bring the employer agreement and security demand that identify the relevant legal recipients. Do not choose a local solely from the Maryland location or substitute an elevator inspection authority for a required fund beneficiary.

Wage/fringe security does not establish that an elevator is safe or approved for service. Construction payment bonds, employee insurance and ERISA fidelity protection also address different undertakings.

Sources

Have these ready

  1. Employer legal identity and applicable agreement.
  2. Specific union/fund security demand.
  3. Wage and fringe remittance/reporting references.
  4. Full recipients, required instrument, sum and dates.
  5. Execution and recipient delivery instructions after issuance.

Questions about this bond

Which local number should I enter?

Use the actual request. The title gives the international union name without establishing a particular local.

Does this satisfy elevator inspection requirements?

This offering concerns the employer's wage and fringe payments. Equipment inspection and operating approval are separate matters.

Is a standard amount or term stated?

Neither is stated here. Follow the employer demand instead of an equipment value or another elevator local's security schedule.

How do I apply?

Purchase Now opens Propeller in a new tab. Provide employer and request information. After issuance, check the bond and complete required execution and submission; recipient acceptance follows separately.

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