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Pennsylvania bonds

Pennsylvania — IBEW Local No. 5 Wages And Fringe Benefits Bond

Prepare the IBEW Local 5 employer wage/fringe demand with the Pennsylvania electrical agreement and fund instructions. Purchase Now starts the application.

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

What this bond does

The required form defines the employer wages and contributions secured, not the completion of an electrical project.

Who needs it
The employing business responsible for the payments identified in the actual IBEW Local 5 request.
Who it protects
Use the complete required wage, union, fund or trustee recipients. A local number does not supply the legal beneficiary list or employee insurance coverage.

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 the IBEW request before choosing a Local 5 form

Keep IBEW with the local reference and bring the electrical employer agreement. A Local 5 form for another trade or a general union directory entry does not establish the same payment undertaking and beneficiaries.

Bring payroll and contribution instructions together. Do not assume a fund account alone covers the wage portion, or that a project's construction payment bond meets the complete union demand.

Sources

Have these ready

  1. Legal employer and IBEW Local 5 agreement.
  2. Current wages/fringe request and required instrument.
  3. Payroll and employer contribution-reporting references.
  4. Complete beneficiaries, requested amount and dates.
  5. Any execution and recipient submission required after issuance.

Questions about this bond

Is the number 5 enough to identify the request?

Use the full IBEW identity and actual employer demand. The number alone does not establish the union or required form.

Will a fringe account identify the wage obligation?

Bring the payroll instructions and complete security demand too. A fund reporting reference does not establish all secured wages or recipients.

Does the request include plan-asset fidelity?

ERISA fidelity concerns dishonest handling of plan assets, distinct from employer wage/fringe remittances. Do not infer fidelity compliance from this demand.

How do I continue online?

Purchase Now opens Propeller in a new tab. Enter the employer and full IBEW request. Check any issued bond and complete required execution and delivery. Applying does not establish recipient acceptance.

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