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Tennessee bonds

Tennessee — Plumbers & Steamfitters Local No. 43 Wage Welfare Bond

Use the Local 43 employer wage/welfare demand to prepare your application. Keep the Tennessee plumbing/steamfitting agreement and fund details ready for Purchase Now.

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

What this bond does

The requested instrument defines the employer's secured wages and welfare remittances, not the performance of a plumbing or steam system.

Who needs it
The employing business responsible for the Local 43 payments identified in the demand.
Who it protects
Name the required union, fund or trustee recipients in full. This security is not an employee's welfare insurance enrollment.

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.

Bring the union agreement, not only a trade permit

A plumbing or steamfitting permit can identify a job but does not establish the employer's wage and welfare undertaking. Keep the actual agreement, payroll and fund reporting instructions with the security request.

Check the required instrument rather than treating project construction payment security as an automatic substitute for the Local 43 demand.

Sources

Have these ready

  1. Employer legal identity and Local 43 agreement.
  2. Current wage/welfare request and required form.
  3. Applicable payroll and welfare reporting references.
  4. Full beneficiaries, requested sum and effective period.
  5. Post-issuance execution and delivery directions.

Questions about this bond

Will a trade permit establish the required bond?

Use the employer's Local 43 agreement and security demand. A job permit does not supply the labor-payment form or complete fund wording.

Are fund remittances settled by applying?

No. The employer's wage, welfare and reporting obligations continue under its agreement.

Is the fund's ERISA fidelity obligation the same?

Protection against dishonest handling of plan assets is distinct from employer payment security. The labor demand alone does not establish a plan's fidelity arrangements.

How do I proceed online?

Purchase Now takes you to Propeller in a new tab. Supply the employer and request details. Check any issued document and complete required execution and submission. Applying does not establish recipient acceptance.

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