Philadelphia Contractor Fringe Benefit Bond (Laborers’ District Council)
What it is & who requires it
A unionized construction contractor signatory to a collective-bargaining/association agreement with the Laborers’ District Council of Metropolitan Philadelphia & Vicinity (through the General Building Contractors Association, the Greater Philadelphia Utility Contractors Association, or the Interior Finish Contractors Association). The bond secures the contractor’s required fringe-benefit contributions (health & welfare, pension, annuity) to the Laborers’ District Council benefit funds, as required under the relevant agreement.
Obligee: Laborers’ District Council of Metropolitan Philadelphia & Vicinity benefit funds (via signatory associations — General Building Contractors Association, Greater Philadelphia Utility Contractors Association, Interior Finish Contractors Association). Citation: Collective-bargaining / association agreements with the Laborers’ District Council of Metropolitan Philadelphia & Vicinity (fringe-benefit contribution obligation; not a statute or ordinance).
Bond amount
Set by the obligee — the exact amount is confirmed automatically when you start your bond in our portal, or call 317-942-0549.
How to get it
This bond is individually underwritten, so it is not issued instantly. Request a quote and a licensed producer follows up to walk you through it.
Request a bond quote
Tell us about the bond and the project. A licensed producer follows up — these bonds are individually underwritten, so they are not issued instantly.
Term & renewal
Term: Tied to the applicable collective-bargaining/association agreement.
Renewal: Per the CBA / association agreement cycle.
Filing
Filed with the benefit funds of the Laborers’ District Council of Metropolitan Philadelphia & Vicinity through a signatory association — the General Building Contractors Association, the Greater Philadelphia Utility Contractors Association, or the Interior Finish Contractors Association. It secures a signatory contractor’s required fringe-benefit contributions — health and welfare, pension, and annuity — and its term follows the applicable collective-bargaining or association agreement. The amount is set by that agreement, so the bond is listed and the exact figure is confirmed when you start it.
Source
This bond requirement is corroborated by multiple public sources; Laborers’ District Council of Metropolitan Philadelphia & Vicinity benefit funds (via signatory associations — General Building Contractors Association, Greater Philadelphia Utility Contractors Association, Interior Finish Contractors Association) sets the exact amount, which we confirm when you start your bond.
Related Pennsylvania bonds
Frequently asked questions
- Who requires the Philadelphia Contractor Fringe Benefit Bond (Laborers’ District Council)?
- It’s required by Laborers’ District Council of Metropolitan Philadelphia & Vicinity benefit funds (via signatory associations — General Building Contractors Association, Greater Philadelphia Utility Contractors Association, Interior Finish Contractors Association) (Collective-bargaining / association agreements with the Laborers’ District Council of Metropolitan Philadelphia & Vicinity (fringe-benefit contribution obligation; not a statute or ordinance)). A unionized construction contractor signatory to a collective-bargaining/association agreement with the Laborers’ District Council of Metropolitan Philadelphia & Vicinity (through the General Building Contractors Association, the Greater Philadelphia Utility Contractors Association, or the Interior Finish Contractors Association). The bond secures the contractor’s required fringe-benefit contributions (health & welfare, pension, annuity) to the Laborers’ District Council benefit funds, as required under the relevant agreement.
- How much is the Philadelphia Contractor Fringe Benefit Bond (Laborers’ District Council)?
- Set by the obligee — the exact amount is confirmed automatically when you start your bond in our portal, or call 317-942-0549.
- How do I get the Philadelphia Contractor Fringe Benefit Bond (Laborers’ District Council)?
- This bond is individually underwritten, so it is not issued instantly. Request a quote and a licensed producer follows up to walk you through it.
- What is the term?
- Tied to the applicable collective-bargaining/association agreement. Renewal: Per the CBA / association agreement cycle.
- Is this bond insurance for me?
- No. It protects the obligee and the public — not you. If a valid claim is paid, you repay the surety.
- How is this requirement verified?
- This bond requirement is corroborated by multiple public sources. The obligee sets the exact amount, which we confirm automatically when you start your bond in the portal or with a producer.
