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Texas bonds

Texas — IBEW Local No. 60 Employers Wage And Welfare Bond

Prepare the IBEW Local 60 employer wage/welfare request with the Texas electrical agreement and actual fund demand. Purchase Now opens the provider application.

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

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

What this bond does

The required instrument identifies the employing business's secured wages and welfare remittances, not the completion of electrical work.

Who needs it
The legal employer responsible for those Local 60 payments, matching the business identity in the request.
Who it protects
Use the full required union, fund or trustee recipients. The Employers label does not establish multiple company principals 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 employer entry even when several companies appear

Bring the agreement, employer account and reporting references with the demand. If job paperwork names affiliates or customers, use the principal wording the required instrument actually calls for rather than assuming all companies share one undertaking.

Keep the IBEW identity with Local 60 when matching the labor request. A project construction payment bond or another trade union's numeric local match does not establish the same wage/welfare security.

Sources

Have these ready

  1. Employer legal identity and IBEW Local 60 agreement.
  2. Current wage/welfare security demand.
  3. Payroll, employer account and fund reporting details.
  4. Full recipients, required form, requested sum and dates.
  5. Post-issuance execution and delivery instructions.

Questions about this bond

Does Employers mean every affiliate is a principal?

Use the legal party entries required by the actual form. Plural product wording does not establish a multi-company undertaking.

Can another Local 60 instrument be selected?

Match the full IBEW request and legal recipients. A local number alone does not establish the same union or payment obligation.

Is this also plan-asset fidelity coverage?

Employer wages and welfare remittances differ from protection against dishonest handling of plan assets. The request does not determine a plan's separate fidelity requirements.

How do I apply?

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

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