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Texas — IBEW Local No. 60 Wage And Welfare Bond

Applying for IBEW Local No. 60 wage and welfare security in Texas? Use the employer's actual bond request to match the form before starting through Purchase Now.

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

What this bond does

This offering concerns the Local 60 employer payment undertaking. The agreement and requested instrument determine which wage and welfare payments are secured.

Who needs it
The employing business responsible for the payments in the Local 60 request.
Who it protects
Use the obligee wording supplied by the union or fund office. Employer, local and fund names are not interchangeable, even when the same correspondence refers to all three.

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.

Compare the form, not just the Local 60 name

Similar Local 60 offering names do not establish identical bond wording. Match the employer, recipients and undertaking in your request to the proposed instrument. Do not assume another employer's security or a similarly titled option satisfies this agreement.

Wage and welfare security differs from a construction payment bond, employee insurance and ERISA fidelity protection. It concerns the employer's requested payments rather than job completion, policy benefits or dishonest handling of plan assets.

Sources

Have these ready

  1. Employer legal name and Local 60 agreement reference.
  2. The security request and any required form.
  3. Wage and welfare remittance instructions.
  4. Exact recipients, requested sum and effective dates.
  5. Post-issuance execution and delivery instructions.

Questions about this bond

Do similarly named Local 60 bonds have identical terms?

Compare the actual forms and undertaking. The local number alone does not establish that two offerings or employer requests are equivalent.

Can I list the electrical job owner as recipient?

Use the union, fund or trustee designations required by this employer request, not a project owner's name taken from construction paperwork.

Does this option specify the security amount?

No amount or term is stated. Bring the employer-specific sum and dates from the current request.

How do I begin the application?

Purchase Now opens Propeller in a new tab. Apply with the employer and request details; after issuance, check the document, complete required execution and deliver it as directed. Application is not recipient acceptance.

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