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New York bonds

New York — Local Union 7 & 62 Tile Setters & Tile Finishers Wage And Fringe Benefits Bond

Prepare the New York employer wage/fringe request naming Locals 7 and 62, Tile Setters and Tile Finishers. Keep the complete demand ready for Purchase Now.

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

What this bond does

The required instrument defines the employer wages and contributions secured. The combined local and craft references do not establish separate sums or a particular split of obligations.

Who needs it
The employing business responsible for the payments and work classifications in that actual labor demand.
Who it protects
Use the full required wage, union, fund or trustee beneficiaries. This payment security does not insure employee benefits or guarantee tile quality.

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 both local and craft references with the agreement

Bring the employer agreement and payroll/fund reporting instructions. The order of local numbers and crafts in the title does not establish that one local applies only to setters and the other only to finishers.

Use the actual required instrument rather than splitting the request into two applications by assumption. A tile project's construction payment bond does not automatically match the union wage/fringe undertaking.

Sources

Have these ready

  1. Legal employer and applicable agreement/work classifications.
  2. Complete demand naming the required local and craft references.
  3. Payroll and employer fringe-reporting instructions.
  4. Full beneficiaries, required form, requested sum and period.
  5. Post-issuance execution and actual recipient delivery directions.

Questions about this bond

Can I assign a craft to each local from title order?

Use the actual agreement and demand. The combined title does not establish that mapping or each local's work scope.

Do two local references require separate applications?

Follow the required instrument. Neither separate bonds nor per-local full limits are established by the title alone.

Is this plan-asset fidelity protection?

Protection against dishonest handling of plan assets is distinct from employer labor payments. The wage/fringe request does not establish ERISA fidelity compliance.

How do I proceed?

Purchase Now takes you to Propeller in a new tab. Provide the employer and complete request. Review any issued document and complete required execution and submission. Applying is not recipient acceptance.

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