Interior Finish Contractors Association & Laborers' District Council - Fringe Benefits
Flat Rates & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| Varies | 1 Year | Varies |
Interior finish contractors with applicable obligations under the Laborers' District Council collective bargaining agreement may be required to maintain financial security for required fringe benefit contributions. The Interior Finish Contractors Association & Laborers' District Council fringe benefits bond helps guarantee that covered contractual contributions, including applicable health, welfare and pension benefits, are paid as required.
Cost of the IFCA & Laborers' District Council Fringe Benefits Bond
The cost of the Interior Finish Contractors Association & Laborers' District Council fringe benefits bond varies based on the required bond amount. Secure this surety bond today.
How the IFCA & Laborers' District Council Fringe Benefits Bond Works
The fringe benefits bond provides financial assurance that an employer will meet covered contribution obligations under the applicable agreement. This helps protect the applicable benefit funds when a bonded contractor fails to make required contributions.
The bond involves three parties:
- Principal: Interior finish 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 employer 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 IFCA & 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 IFCA & 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.