Kentucky IBEW Local No. 369 Wage and Fringe Benefits Bond
Overview
Get bonded and show IBEW Local No. 369 that you stand behind every dollar owed to your workers. This Kentucky bond guarantees that wages and fringe benefits promised under a union agreement are actually paid. Electrical contractors working under Local No. 369's jurisdiction carry this bond as proof of financial accountability to the union and its members. It protects workers — not the contractor — so the union has a direct avenue to recover unpaid compensation.
Who Needs This Bond?
Electrical contractors and signatory employers operating under a collective bargaining agreement with IBEW Local No. 369 in Kentucky are the principals on this bond. If your company has signed onto the Local 369 agreement and is putting union electricians to work, this bond requirement applies to you. It is not a state license bond — it is a union-imposed requirement tied directly to your labor agreement. Non-union contractors who later become signatory to Local 369 will face this same requirement at that point of signing.
What is this Bond For?
IBEW Local No. 369 requires this bond to secure prompt, full payment of wages and fringe benefit contributions — think health insurance, pension, and vacation funds — owed to its members under the collective bargaining agreement. If a signatory contractor falls behind or defaults on those obligations, the bond gives the union a financial backstop to recover what workers are owed. It holds contractors accountable beyond a handshake and a contract signature. Workers should not have to chase their pay or their benefits.
When is it Required?
Signing onto — or renewing your status under — a collective bargaining agreement with IBEW Local No. 369 is the moment this bond becomes mandatory. Before your company can dispatch or employ Local 369 union members on a job site, the bond must already be in place. Some contractors encounter this requirement when bidding a prevailing wage or public project that specifies union labor. Either way, the bond must be executed and delivered to the union before work begins.
Where Does it Apply?
This bond is specific to IBEW Local No. 369, which covers the Louisville, Kentucky area and surrounding counties within the local's chartered jurisdiction. It is not a statewide license bond issued to a government agency — the obligee is the union itself. Work performed under Local 369's agreement anywhere within that chartered territory falls under this bond's coverage.
How to Buy Online
Click 'Buy This Bond Online' and the secure surety portal will open in a new tab, walking you through the application in minutes. Enter your business details, bond amount, and agreement information, then submit. Once approved, your bond document is issued and ready to deliver to IBEW Local No. 369.
Why Bond Titan?
Bond Titan is powered by The Southern Agency and built for contractors who need to get bonded fast — no waiting on an agent callback, no fax machines, no delays. Our nationwide catalog includes union wage and fringe benefit bonds like this one, so you are not hunting through a general insurance office that has never seen this requirement. Buy online, get your bond, and get your crew to work.