New Jersey IBEW Local No. 164 Wage and Welfare Bond
Overview
Workers in New Jersey's IBEW Local No. 164 depend on this bond as a financial guarantee that their wages, fringe benefits, and welfare fund contributions will be paid. Electrical contractors working under a Local 164 collective bargaining agreement are required to secure this bond before they can dispatch union labor. It protects union members and the funds that cover their health, pension, and other benefits. Without it, a contractor cannot legally engage Local 164 workers on a New Jersey job site.
Who Needs This Bond?
Electrical contractors are the principals on this bond — specifically any contractor who has signed or intends to sign a collective bargaining agreement with IBEW Local No. 164 in New Jersey. If your company hires electricians dispatched through Local 164, this bond is a condition of that relationship. It applies whether you are a general electrical contractor or a specialty subcontractor using union labor on commercial, industrial, or residential projects across the state. No contractor can enter into a Local 164 labor agreement without this bond in place.
What is this Bond For?
IBEW Local No. 164 requires this bond to guarantee that covered employers meet every wage and benefit obligation owed to union members under the collective bargaining agreement. If a contractor fails to pay wages, submit required welfare fund contributions, or honor other fringe benefit commitments, the bond provides a source of recovery for the affected workers and funds. It functions as a financial backstop — not insurance for the contractor, but protection for the employees and the trust funds they rely on. Local 164 holds the bond as the obligee.
When is it Required?
Signing a collective bargaining agreement with IBEW Local No. 164 is the moment this bond becomes mandatory. Before a contractor can receive a single union dispatch or put a Local 164 electrician to work, the bond must already be executed and on file. It is not a one-time license requirement from a state agency — it is a labor relations requirement imposed by the union as a condition of the agreement. Contractors who fall out of compliance risk having the bond called and losing access to Local 164 labor.
Where Does it Apply?
This bond applies statewide in New Jersey under the jurisdiction of IBEW Local No. 164, which covers electrical work throughout its chartered territory in the state. It is not a municipal permit bond or a state licensing bond — it is a labor union-required bond tied specifically to the Local 164 collective bargaining agreement. Any job site in New Jersey where Local 164 members are dispatched falls under the scope of this bond.
How to Buy Online
Click 'Buy This Bond Online' on this page and you will be taken directly to the secure surety portal in a new tab. Complete the application with your contractor information, and your bond documents will be processed without waiting on an agent callback. Once issued, you will have the executed bond you need to satisfy IBEW Local No. 164's requirements.
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