Indiana IBEW Local No. 16 Wage and Welfare Bond
Overview
Indiana's IBEW Local No. 16 requires contractors and signatory employers to carry a Wage and Welfare Bond before performing covered work under the union agreement. This bond guarantees that wages, fringe benefits, and welfare contributions owed to workers under the Local 16 collective bargaining agreement are actually paid. If an employer falls short — skipping contributions, underpaying wages, or missing welfare fund payments — the bond provides a financial remedy. Bond Titan makes it fast and straightforward to get bonded and stay compliant with IBEW Local No. 16's requirements.
Who Needs This Bond?
Electrical contractors who have signed a collective bargaining agreement with IBEW Local No. 16 are the primary applicants for this bond. This includes merit shop contractors entering a project labor agreement, signatory employers adding new work classifications under Local 16 jurisdiction, and out-of-state electrical firms bringing crews into Indiana under the Local 16 agreement. If your company is performing union electrical work covered by IBEW Local No. 16 and the union has asked you to post a Wage and Welfare Bond, this is the bond you need.
What is this Bond For?
IBEW Local No. 16 uses this bond to protect its members' wages and benefit fund contributions. The bond holds the employer financially accountable for making required payments into health and welfare funds, pension plans, and other fringe benefit programs spelled out in the collective bargaining agreement. Workers and the union funds they depend on have a financial backstop if a signatory employer fails to meet those obligations. Without this bond in place, a contractor cannot satisfy the surety requirement imposed by Local No. 16.
When is it Required?
Before beginning work under an IBEW Local No. 16 collective bargaining agreement, the union will request proof of this bond. It is typically triggered at the point of signing or renewing a union agreement, when a contractor is dispatched workers from Local 16's hiring hall, or when an employer's bond on file has lapsed or been cancelled. Have your bond in place before you need to submit proof — delays can hold up dispatch or project start dates.
Where Does it Apply?
This bond is tied specifically to IBEW Local No. 16's jurisdiction in Indiana. It is a union-required surety instrument, not a state license bond issued by an Indiana government agency. Any employer performing electrical work under Local No. 16's collective bargaining agreement — wherever that work is located within the local's jurisdiction — must maintain this bond.
How to Buy Online
Click 'Buy This Bond Online' and you'll be taken directly into the secure surety portal in a new tab. Complete the application with your business details and bond amount required by IBEW Local No. 16, and your bond documents are processed quickly. Once issued, you receive your bond documentation ready to submit to the union.
Why Bond Titan?
Bond Titan is powered by The Southern Agency and built for business owners who need to get bonded without chasing down an agent. Our online catalog covers Indiana union bonds including IBEW Local No. 16, and you can complete the entire process from your desk without a phone call. No waiting, no callbacks — just a straightforward path to the bond you need.