Indiana Plumbers and Steamfitters Local No. 440 Wage and Welfare (Corporation) Bond
Overview
Signing a labor agreement with Plumbers and Steamfitters Local No. 440 in Indiana brings with it a binding financial obligation — this bond is how corporate contractors back that commitment. It guarantees that wages, benefits, and welfare contributions owed to union members under the Local 440 collective bargaining agreement will actually be paid. If a covered employer falls short, the bond gives the union a financial remedy without chasing the contractor through court. Corporations operating under this agreement need this bond in place before work begins.
Who Needs This Bond?
Corporate plumbing and mechanical contractors who have signed a collective bargaining agreement with Plumbers and Steamfitters Local No. 440 in Indiana are the direct applicants here. This bond is specifically structured for business entities — corporations — not sole proprietors or partnerships. If your company employs journeymen or apprentices covered by Local 440 and you operate as a corporation, this bond is part of your contractual obligations under that agreement. Failure to carry it puts your right to use union labor at risk.
What is this Bond For?
Local 440 requires this bond to protect its members' wages and welfare fund contributions. When a signatory contractor corporation fails to remit what it owes — whether that's hourly wages, health benefits, pension contributions, or other welfare fund payments — the union can file a claim against this bond to recover those funds. It is not a license bond issued by a state agency; it is a labor agreement bond required directly by the union. The bond holds the corporation financially accountable for every dollar owed under the contract.
When is it Required?
Executing or renewing a collective bargaining agreement with Plumbers and Steamfitters Local No. 440 is the moment this bond becomes mandatory. You cannot proceed as a union signatory employer in good standing without it. If your corporation is new to the agreement, the bond must be in place at signing. If you are an existing signatory, any lapse in coverage can jeopardize your ability to schedule and deploy Local 440 members on your jobsites.
Where Does it Apply?
This bond applies statewide in Indiana wherever Local 440 members are employed by a signatory corporate contractor. It is not tied to a single city, county, or municipal permit — it travels with the labor agreement itself. Any jobsite in Indiana where your corporation deploys Local 440 plumbers or steamfitters falls under its coverage.
How to Buy Online
Click 'Buy This Bond Online' and the secure surety portal will open in a new tab, where you can complete your application and purchase this bond directly. The process is fully online — no agent callback required, no waiting for a quote to come back by email. Have your corporation details ready and move through the steps at your own pace.
Why Bond Titan?
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