Maryland IBEW Local No. 24 Wages and Dues Bond
Overview
Signing a union labor agreement with IBEW Local No. 24 in Maryland comes with a bonding requirement — and this is the bond that satisfies it. Electrical contractors and employers covered under the Local 24 collective bargaining agreement must post a Wages and Dues Bond to guarantee that workers receive every dollar of wages owed and that union dues are properly remitted. It is a financial guarantee made to IBEW Local No. 24, protecting electricians and the union from non-payment. If you have been told you need this bond before you can work under the Local 24 agreement, you are in the right place.
Who Needs This Bond?
If you are an electrical contractor operating in Maryland under a collective bargaining agreement with IBEW Local No. 24, this bond is required of you. It applies to employers who have signed or are signing the Local 24 labor agreement and whose workers are represented by the union. Any employer obligated to pay union wages and remit dues under that agreement must carry this bond. You cannot fulfill the bonding condition of your labor agreement without it.
What is this Bond For?
This bond protects IBEW Local No. 24 members and the union itself. It guarantees that covered employees will be paid the wages they are owed under the collective bargaining agreement and that the employer will correctly remit dues and other benefit contributions. If an employer fails to pay wages or withholds dues without remitting them to the union, the bond provides a financial remedy. It holds the employer accountable to the obligations they agreed to when they signed on with Local 24.
When is it Required?
Renewal and continuous coverage matter here — this bond must remain active for as long as you are bound by the IBEW Local No. 24 collective bargaining agreement. The requirement begins at the moment you execute or renew the labor agreement, not after your first payroll cycle. Letting the bond lapse while you still have covered employees working under Local 24 puts you out of compliance with your union agreement immediately. Keep your bond current to keep your labor agreement in good standing.
Where Does it Apply?
This bond is a Maryland-specific requirement tied directly to the IBEW Local No. 24 collective bargaining agreement, which covers electrical workers in the Baltimore region and surrounding Maryland jurisdictions served by Local 24. It is not a state license bond issued by a Maryland government agency — it is a labor agreement bond held by the union. Your obligation exists wherever you employ Local 24 members under the terms of that agreement.
How to Buy Online
Click 'Buy This Bond Online' to open the secure surety portal in a new tab. You will complete the application for your Maryland IBEW Local No. 24 Wages and Dues Bond there. The process is straightforward and designed so you can get your bond documentation without waiting on an agent.
Why Bond Titan?
Bond Titan is powered by The Southern Agency and built for business owners who need to move fast. Our nationwide surety bond catalog includes labor and union bonds like this one, and you can purchase entirely online — no callbacks, no delays. When your labor agreement is waiting on a bond, Bond Titan gets you there.