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Wisconsin bonds

Wisconsin — Operating Engineers Local No. 139 Wage Welfare Bond

Arrange Operating Engineers Local No. 139 wage and welfare security for the employer named in your Wisconsin request. Have the agreement and payment details available when you select Purchase Now.

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

What this bond does

The offering concerns security for an employer's wage and welfare undertaking associated with Local 139. The actual form defines which payments are secured and who may benefit from the bond.

Who needs it
An employer asked to provide Local 139 wage/welfare security, rather than an individual seeking equipment-operator credentials.
Who it protects
Follow the required union, fund or trustee designations on the bond request. Employer payment security is for the protected payment interests in the form, not coverage for damage caused while operating machinery.

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 workforce payments separate from equipment work

The Local 139 wage/welfare request concerns the employer's payment duties. An equipment lease, job-performance agreement or operator credential may involve the same workforce without describing the payment undertaking that belongs on this bond.

Use the labor agreement and remittance instructions to identify wages, welfare contributions and recipients. Keep any amount calculation supplied by the requesting office; the value of equipment on a job is not a substitute for that calculation.

Sources

Have these ready

  1. The Local 139 security request and employer agreement.
  2. Employer legal identity and relevant payroll or remittance reference.
  3. Payment categories and recipient names required by the form.
  4. Requested bond sum and effective dates.
  5. Execution and receiving-office instructions for the bond after issuance.

Questions about this bond

Does this protect machinery used by an operating engineer?

The offering addresses employer wage and welfare payment security. Equipment insurance or a work-performance bond has different terms and a different purpose.

Does it replace employee insurance or ERISA fidelity coverage?

Employee insurance pays benefits under its policy, and ERISA fidelity protection concerns dishonest handling of plan assets. This employer undertaking and a construction payment bond also cover different obligations.

Is there a standard amount or annual term to select?

Neither is stated for this option. Use the amount and dates requested for your employer, and check any continuation instructions in the actual form.

What should I do after selecting Purchase Now?

Propeller opens in a new tab for the application. Submit the employer and request details. Once issued, check the bond and arrange the signatures and delivery the recipient requires. Applying does not itself satisfy those later steps.

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