Skip to content

Tennessee bonds

Tennessee — IBEW Local No. 175 Wage And Welfare Bond

Prepare the IBEW Local 175 employer wage/welfare demand with the Tennessee electrical agreement and fund instructions. Select Purchase Now to start the application.

Continue to our secure checkout partner, Propeller (opens in a new tab).

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

What this bond does

The required instrument specifies the employer wages and welfare remittances secured, not the quality or completion of electrical work.

Who needs it
The employing business responsible for the Local 175 payments identified in its actual demand.
Who it protects
Use the full required wage, union, fund or trustee recipients. Welfare remittance security is different from providing employee insurance or deciding benefit eligibility.

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.

Prepare wage records alongside the welfare instructions

Keep both payment categories with the agreement and security request. A welfare reporting reference alone does not establish every wage obligation or legal beneficiary the required instrument names.

Use the current employer demand rather than treating a construction project's payment bond as automatically equivalent. Applying for security does not discharge the employer's agreement payments and reports.

Sources

Have these ready

  1. Employer legal identity and Local 175 agreement.
  2. Current wage/welfare demand and required form.
  3. Payroll and welfare remittance/reporting references.
  4. Complete beneficiaries, requested sum and effective period.
  5. Any execution and recipient delivery required after issuance.

Questions about this bond

Should I bring only the welfare account?

Bring the wage and contribution instructions with the complete demand. One reporting reference does not establish the full required undertaking.

Does Welfare mean employee insurance is provided?

This offering concerns the employer remittance undertaking. Benefit insurance and eligibility are separate matters.

Does this provide plan-asset fidelity protection?

ERISA fidelity addresses dishonest handling of plan assets, not employer wage/welfare payments. Do not treat the request as a fidelity compliance finding.

Where do I begin?

Purchase Now opens Propeller in a new tab. Enter the employer and complete Local 175 request. Check any issued document and arrange required execution and submission. Applying is not recipient acceptance.

Related bonds

Keep exploring

How can we help you get started?

Choose the quote that fits, and we’ll take it from there.

Have a question? Contact us