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Missouri bonds

Missouri — Iron Workeres Local No. 396 Fringe And Wage Benefits Bond

Prepare the Local 396 employer fringe-and-wage request with the Missouri agreement. Keep both payment instructions with the full demand when using Purchase Now.

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Recorded state
Missouri
Bond type
Wage, Welfare & Union Benefits Bond
Category
Employment, wages & benefits

What this bond does

The required instrument identifies the employer's secured fringe remittances and wage payments. Fringe and Wage is not a fringe-only description or a guarantee of steel work.

Who needs it
The business responsible for labor payments under its actual Local 396 employer agreement.
Who it protects
Retain complete required wage, union, fund or trustee entries. Employee insurance and protection against dishonest handling of plan assets are different arrangements.

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 wage wording with the fringe request

Bring payroll and actual contribution-reporting references with the complete agreement. A fringe account alone does not identify every wage payee or the full secured-payment wording.

Use the required legal beneficiaries rather than treating Local 396 as the complete fund schedule. A job's construction payment bond is not automatic satisfaction of this employer's fringe-and-wage undertaking.

Sources

Have these ready

  1. Legal employer and applicable Missouri Local 396 agreement.
  2. Full fringe-and-wage security demand.
  3. Payroll and required employer contribution records.
  4. Exact legal beneficiaries, form, requested sum and period.
  5. Issued-bond signing and actual recipient delivery instructions.

Questions about this bond

Is this a fringe-only request?

Preserve both fringe and wage references. Use the actual form for the full payment duties and recipients rather than relying on a contribution account alone.

Does Local 396 supply every legal beneficiary name?

The full required union/fund or trustee wording must come from the employer demand. A local number is not a complete legal fund schedule.

Does this establish ERISA fidelity protection?

Employer payment security differs from protecting plan assets against dishonest handling. The separate fidelity arrangement is not established by this request.

How do I apply?

Choose Purchase Now for Propeller's new-tab application with the full Local 396 employer demand. Check the issued instrument and complete required execution and delivery. Applying does not establish the recipients' acceptance.

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