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Maryland bonds

Maryland — Operating Engineers Local No. 77 Fringe Benefits Bond

Arrange Operating Engineers Local 77 fringe-benefit security using your Maryland employer request. Have the fund instructions ready before continuing with 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 concerns employer contribution security associated with Local 77. The agreement and form determine the fringe payments and named beneficiaries protected.

Who needs it
The business responsible for the Local 77 contributions in the written security demand.
Who it protects
Preserve the exact fund or trustee names required by the form. The employer's equipment supplier or project owner is not automatically a recipient of its fringe security.

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.

Separate fund security from equipment obligations

Operating-engineer work can involve equipment agreements as well as labor contributions. Use the employer's fringe remittance instructions for this application rather than a machinery lease or project-performance request.

The fringe title does not establish direct wage coverage. Employee benefit insurance and ERISA fidelity protection also serve different purposes from securing employer remittances.

Sources

Have these ready

  1. Employer legal name and Local 77 agreement.
  2. Fringe-security demand and required instrument.
  3. Fund contribution and reporting references.
  4. Exact beneficiaries, amount and effective period.
  5. Execution and delivery directions for after issuance.

Questions about this bond

Does it protect machinery or equipment?

The offering concerns employer fringe-benefit payments. Equipment coverage and construction performance or payment bonds address other undertakings.

Can I list the local without the fund names?

Follow the full beneficiary wording in the request. A local reference does not replace required fund or trustee designations.

Which amount and term should I enter?

Use the employer demand. Neither is stated by this option; machinery value or job size does not establish the contribution security.

How do I begin the provider process?

Purchase Now opens Propeller in a new tab. Apply with the employer and fund details. Check the issued bond and follow any required execution and recipient submission instructions; application does not show acceptance.

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