Skip to content

West Virginia bonds

West Virginia — IBEW Local No. 317 Wage Welfare Bond

Have an IBEW Local 317 employer wage/welfare demand? Keep its agreement and fund reporting instructions ready for this West Virginia application through Purchase Now.

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

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

What this bond does

The required union instrument defines the employer wages and welfare payments secured. A state-law wage-bond calculation does not by itself define this Local 317 undertaking.

Who needs it
The employing electrical business responsible for the Local 317 payments identified in its actual demand.
Who it protects
Name the complete required union, fund or trustee recipients. This employer payment security does not provide an employee insurance policy.

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 union and state request instructions separate

West Virginia has a statutory employer wage-bond obligation with its own conditions and state payee. If you also have a state request, do not copy its calculation or agency delivery directions into the Local 317 application without matching the actual required instruments.

Bring the union agreement and contribution instructions with the local demand. This guidance neither decides whether you owe a separate statutory bond nor establishes that the same form meets both requests.

Sources

Have these ready

  1. Legal employer and Local 317 agreement.
  2. Current union wage/welfare security request.
  3. Payroll and fund reporting details for that demand.
  4. Complete beneficiaries, form, required sum and period.
  5. Post-issuance execution and union/fund delivery instructions.

Questions about this bond

Can I use the state wage-bond calculation for Local 317?

Use the union's actual demand. State statutory calculations and a state payee do not establish the required union security entries.

Does a project payment bond satisfy the local request?

Check the precise payments, beneficiaries and instrument required. Construction project payment security does not automatically meet the union wage/welfare demand.

Is this protection against plan-asset dishonesty?

That is a distinct fidelity risk. Employer wage and fund-payment security should not be treated as automatic ERISA fidelity compliance.

How do I proceed online?

Purchase Now takes you to Propeller in a new tab. Supply the employer and complete Local 317 request. Check any issued document and arrange required execution and recipient submission. The application is not 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