Indiana IBEW Local No. 153 Wage and Fringe Benefits Bond
Overview
Indiana's IBEW Local No. 153 requires electrical contractors and signatory employers to carry a Wage and Fringe Benefits Bond before performing work under the union's jurisdiction. This bond guarantees that workers receive every dollar owed to them — wages, health benefits, pension contributions, and any other fringe benefits spelled out in the collective bargaining agreement. If an employer falls short on those obligations, the bond stands behind the workers and the union trust funds. It is a hard requirement of doing business as a union signatory employer in Local 153's territory.
Who Needs This Bond?
You are an electrical contractor or employer who has signed — or is about to sign — a collective bargaining agreement with IBEW Local No. 153 in Indiana. The union requires this bond as a condition of that agreement, and you cannot put union members to work without it in place. Contractors who add union work to their scope mid-project, or who are renewing their signatory status, face the same requirement. If Local 153 has told you that you need this bond, this page is where you get it.
What is this Bond For?
This bond protects IBEW Local No. 153 members and the associated trust funds from wage theft and benefit nonpayment by a signatory employer. When a contractor fails to remit wages, health insurance contributions, pension payments, or other CBA-mandated fringe benefits, the union or its trustees can file a claim against this bond to recover those funds. The bond does not limit the employer's obligation — it enforces it. Workers and funds get paid even when an employer defaults.
When is it Required?
Before a single union member reports to your jobsite, this bond must already be executed and on file with IBEW Local No. 153. The union will not grant signatory status, dispatch workers, or allow work to commence under the CBA until the bond requirement is satisfied. Contractors who delay bonding risk work stoppages and potential breach of their collective bargaining agreement. Get the bond in hand first — then dispatch.
Where Does it Apply?
This bond is specific to IBEW Local No. 153's jurisdiction within Indiana. It is a union contractual requirement, not a state license bond issued by an Indiana government agency. Any employer performing work under a Local 153 collective bargaining agreement — regardless of where the employer is headquartered — must carry this bond.
How to Buy Online
Click 'Buy This Bond Online' on this page to open the secure surety portal in a new tab. Complete the application, and your bond documents are processed through the portal without waiting on an agent callback. Once issued, you'll have the executed bond ready to deliver directly to IBEW Local No. 153.
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