General Building Contractors Association & Laborers' District Council - Fringe Benefits
Flat Rates & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| Varies | 1 Year | Varies |
General Building Contractors Association members with applicable obligations for union laborers may be required to provide financial security for fringe benefit contributions owed to the Laborers' District Council. The GBCA & Laborers' District Council fringe benefits bond guarantees that covered contributions are paid as required under applicable union agreements and helps protect workers' welfare and retirement benefits.
Cost of the GBCA & Laborers' District Council Fringe Benefits Bond
The cost of the GBCA & Laborers' District Council fringe benefits bond varies based on the required bond amount. Secure this surety bond today.
How the GBCA & Laborers' District Council Fringe Benefits Bond Works
The fringe benefits bond provides financial assurance that a bonded contractor will meet covered contribution obligations under the applicable union agreement. If the contractor fails to make required contributions, the bond may provide financial protection for the applicable benefit funds.
The bond involves three parties:
- Principal: General building contractor or employer
- Obligee: Applicable Laborers' District Council benefit fund or trust
- Surety: Bonding company
A claim against the bond may be filed when the bonded contractor fails to make covered fringe benefit contributions as required. The principal is responsible for repaying valid claims paid by the surety.
How to Get the GBCA & Laborers' District Council Fringe Benefits Bond
Follow these simple steps to get bonded with NNA Surety:
- Complete this short online application.
- Pay the applicable bond premium.
- Receive the bond form via email.
- Download and file the bond as required under the applicable agreement.
Learn more about your Pennsylvania surety bond options across the state.
Get Your GBCA & Laborers' District Council Fringe Benefits Bond
Keep your contractual fringe benefit obligations on track with the required surety bond. Complete this form or call 855-457-2196 to get bonded.