Missouri Operating Engineers Local No. 101 Fringe Benefits Bond
Overview
Signing a union contract with Operating Engineers Local No. 101 in Missouri means accepting a legal obligation to fund fringe benefits for every covered worker. This bond backs that obligation — guaranteeing the union's benefit funds that contributions will be paid on time and in full. If your company falls behind on health, pension, or other contractual benefit payments, the bond gives the funds a direct financial remedy. It is a condition of doing business under the Local 101 collective bargaining agreement, not an optional add-on.
Who Needs This Bond?
Your company has signed — or is about to sign — a collective bargaining agreement with Missouri's Operating Engineers Local No. 101. Any Missouri employer bound by a Local 101 CBA who must make contributions to union-administered fringe benefit funds needs this bond. That typically includes construction contractors, heavy equipment operators, and related trades employers who use operating engineer labor on Missouri job sites. If Local 101 has told you a bond is required before you can put men and women to work under the agreement, this is that bond.
What is this Bond For?
Operating Engineers Local No. 101 administers benefit funds — health care, pension, training, and similar plans — on behalf of its members. Employers contribute to those funds based on hours worked, and the bond protects the funds if an employer fails to make those contributions. A claim against this bond can be filed by the fund trustees when contractual fringe benefit contributions go unpaid. It is not a performance bond for construction work — it is specifically a financial guarantee for labor-benefit obligations owed under the Local 101 agreement.
When is it Required?
Before your workers report to a Local 101-covered job site, the bond must already be in place. The collective bargaining agreement triggers the requirement — not a state license or permit — so the clock starts the moment you become a signatory employer. Waiting until the first payroll cycle means you are already out of compliance. Get the bond issued and delivered to the union before work begins.
Where Does it Apply?
This bond applies statewide across Missouri wherever Local No. 101 has jurisdiction and wherever your company employs workers covered by the union's collective bargaining agreement. It is not a state-government license bond — it is a labor-relations requirement enforced by Local 101 and its benefit fund trustees. Every Missouri job site where you use Local 101 labor falls under this bond's coverage.
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 with your company information and the bond amount specified in your Local 101 agreement, then submit for review. Once approved, your bond document is issued and ready to deliver to the union.
Why Bond Titan?
Bond Titan is powered by The Southern Agency and built for business owners who need a bond now — not after waiting on an agent callback. Our nationwide catalog includes labor and fringe benefit bonds across all Missouri jurisdictions, and the entire process runs online. Fast, direct, and straightforward — exactly what a signatory employer on a deadline needs.