Greater Philadelphia Utility Contractors Association & Laborer's District Council - Fringe Benefits
Flat Rates & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| Varies | 1 Year | Varies |
Utility contractors in the Greater Philadelphia area with applicable obligations to the Laborers' District Council may be required to secure payment of covered wages and fringe benefits. The Greater Philadelphia Utility Contractors Association & Laborers' District Council fringe benefits bond provides financial assurance that required wage and benefit obligations will be paid as required.
Cost of the Greater Philadelphia Utility Contractors Association & Laborers' District Council Fringe Benefits Bond
The cost of the Greater Philadelphia Utility Contractors Association & Laborers' District Council fringe benefits bond varies based on the required bond amount. Secure this surety bond today.
How the Greater Philadelphia Utility Contractors Association & Laborers' District Council Fringe Benefits Bond Works
The fringe benefits bond helps protect covered laborers and benefit funds by providing financial security for required wage and fringe benefit obligations. If a bonded contractor fails to make covered payments, the bond may provide a source for recovery.
The bond involves three parties:
- Principal: Utility 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 wage or fringe benefit payments as required. The principal is responsible for repaying valid claims paid by the surety.
How to Get the Greater Philadelphia Utility Contractors Association & 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 Greater Philadelphia Utility Contractors Association & Laborers' District Council Fringe Benefits Bond
Keep your wage and fringe benefit obligations on track with the required surety bond. Complete this form or call 855-457-2196 to get bonded.