Construction Workers Pension Trust Fund of Lake County, IN Wage and Fringe Benefit Bond
Overview
Working in Lake County, Indiana's union construction trades means honoring every dollar promised — wages and fringe benefits alike. When a contractor falls short, the Construction Workers Pension Trust Fund of Lake County has no recourse unless a bond is in place. This Wage and Fringe Benefit Bond guarantees that the Trust Fund can recover unpaid contributions owed under a collective bargaining agreement. It is your financial pledge to the workers and the Fund that you will meet those obligations.
Who Needs This Bond?
Contractors and subcontractors performing union construction work in Lake County, Indiana need this bond. If your crews are covered by a collective bargaining agreement that reports to the Construction Workers Pension Trust Fund of Lake County, the Fund requires this guarantee before you work under that agreement. It applies to any employer — general contractor or sub — whose work falls under the Fund's jurisdiction. If the Fund has told you a bond is required, this is the one.
What is this Bond For?
This bond protects the Construction Workers Pension Trust Fund of Lake County and the workers it serves. It guarantees that a covered contractor will pay all wages, pension contributions, health and welfare contributions, and other fringe benefits required under the applicable collective bargaining agreement. If the contractor fails to make those payments, the Fund can make a claim against the bond to recover what is owed. The bond does not eliminate your obligation — it backs it up with a financial guarantee.
When is it Required?
Enrollment under the Construction Workers Pension Trust Fund of Lake County's collective bargaining agreement is the moment this bond becomes mandatory. Before you execute work under that agreement or before the Fund accepts your participation as a covered employer, the bond must already be in force. Delays in securing the bond can hold up your ability to legally employ union workers on Lake County job sites. Get the bond in place before work begins, not after.
Where Does it Apply?
This bond is specific to Lake County, Indiana and is a local Trust Fund requirement — not a state license or statewide mandate. It is filed with and held by the Construction Workers Pension Trust Fund of Lake County. Coverage follows the geographic jurisdiction of that Fund, meaning it applies to work performed under its collective bargaining agreements within the county.
How to Buy Online
Click 'Buy This Bond Online' on this page and the secure surety portal will open in a new tab. Enter your business information, complete the bond application, and proceed through checkout. Once approved, your bond documents are issued digitally so you can deliver them to the Construction Workers Pension Trust Fund of Lake County without delay.
Why Bond Titan?
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