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Texas bonds

Texas — IBEW Local No. 479 Wage And Welfare Bond

Bring the Local 479 employer wage/welfare request with the Texas agreement to Purchase Now. Keep payment and reporting records separate from proof that security was applied for.

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

What this bond does

The required instrument identifies employer wages and welfare remittances secured. Starting a bond application is not evidence that payroll or fund contributions have been paid.

Who needs it
The business responsible for labor payments under its actual Local 479 agreement.
Who it protects
Use the full required wage, union, fund or trustee entries. Employer security does not provide employee insurance or establish a project payment bond as equivalent.

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 security documents and actual payment records separate

Bring the complete agreement and demand with payroll and employer welfare reports. A submitted application is not a contribution remittance, wage receipt or proof that an account is current.

The actual instrument must determine any earlier-period payment scope. Do not assume applying clears arrears, supplies retroactive security or establishes a particular claims procedure. Keep required bond delivery separate from the employer's underlying payment/reporting instructions.

Sources

Have these ready

  1. Legal employer and applicable Local 479 agreement.
  2. Complete wage/welfare security request.
  3. Actual payroll, contribution and reporting references.
  4. Full legal recipients, form, requested sum and security dates.
  5. Issued-bond signing and recipient delivery instructions.

Questions about this bond

Does applying pay the wages or welfare contributions?

The application is not a labor-payment transaction or proof that the account is current. Keep actual payment records separately.

Are earlier unpaid amounts secured?

No retroactive or earlier-period determination is supplied here. Use the actual instrument and employer request without assuming applying clears arrears.

Does the request establish ERISA fidelity protection?

Employer wages/contributions differ from protecting plan assets against dishonest handling. That separate fidelity arrangement is not established by this demand.

How do I apply for the security request?

Purchase Now opens Propeller in a new tab. Provide the full Local 479 employer demand, check the issued instrument and finish required execution and submission. Applying does not establish recipient acceptance or discharge labor payments.

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