Bricklayers Local No. 3 - Wage Welfare Surety Bond
Bond Amount and Premium
| Bond Amount Required | Bond Term | Annual Premium |
| Varies | 1 Year | Varies |
Contractors performing work covered by the applicable Bricklayers Local Union No. 3 collective bargaining agreement may be required to post a surety bond. Required by Bricklayers Local No. 3, teh wage welfare surety bond guarantees compliance with covered agreement obligations, including payment of wages and required fringe benefit contributions.
Cost of the Bricklayers Local No. 3 Wage Welfare Surety Bond
The cost of the Bricklayers Local No. 3 wage welfare surety bond varies based on the applicable bond requirement and underwriting. Apply online for your bond today.
How the Bricklayers Local No. 3 Wage Welfare Surety Bond Works
The Bricklayers Local No. 3 wage welfare surety bond helps protect covered workers and benefit funds by guaranteeing a contractor’s covered wage and fringe benefit obligations under the applicable collective bargaining agreement.
The bond involves three parties:
Principal: Contractor required to post the bond
Obligee: Bricklayers Local Union No. 3
Surety: Bonding company
A claim against the bond may be filed when the principal fails to meet covered wage, fringe benefit or other bonded obligations. The principal is responsible for reimbursing the surety for valid covered claims paid under the bond.
How to Get the Bricklayers Local No. 3 Wage Welfare Surety 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 your Bricklayers Local No. 3 agreement.
Learn more about your California surety bond options across the state.
Get Your Bricklayers Local No. 3 Wage Welfare Surety Bond
Meet your applicable bonding obligation and help protect covered wage and fringe benefit payments. Complete this form or call 855-457-2196 to get bonded.