New Jersey IBEW Local No. 351 Wage and Welfare Bond
Overview
Signing a union contract with IBEW Local No. 351 in New Jersey comes with a clear financial obligation: you must guarantee that wages and fringe benefits owed to covered workers will actually be paid. This bond is the mechanism that satisfies that guarantee. It protects union members if an employer fails to meet their contractual wage and welfare commitments. Bond Titan makes it fast to get this coverage and get back to work.
Who Needs This Bond?
If you are a contractor or employer who has entered into — or is about to enter into — a collective bargaining agreement with IBEW Local No. 351 in New Jersey, this bond is required of you. It applies to electrical contractors and other signatory employers bound by the Local 351 agreement. You cannot operate as a union signatory without this bond in place. It is a condition of your labor agreement, not a state license requirement.
What is this Bond For?
IBEW Local No. 351 is the obligee — the party protected by this bond. As the principal, you are the employer making the promise. If you fail to pay wages, health and welfare contributions, pension contributions, or other fringe benefits required under the collective bargaining agreement, the bond provides a financial remedy for affected workers and the union funds. It holds signatory employers accountable to the terms they agreed to.
When is it Required?
This bond must be in force continuously for as long as you operate under the IBEW Local No. 351 collective bargaining agreement. A lapse in coverage can put your signatory status at risk and expose you to immediate action by the union. Many contractors secure this bond before executing the CBA so there is no gap from day one. Renewal or replacement coverage should be arranged well before any expiration date to avoid interruption.
Where Does it Apply?
This bond is specific to employers bound by the collective bargaining agreement with IBEW Local No. 351, which operates in New Jersey. It is not a general statewide license bond — it is a union-mandated requirement tied directly to your agreement with this specific local. Work performed under that agreement anywhere within Local 351's jurisdiction requires this bond to be active.
How to Buy Online
Click 'Buy This Bond Online' to open the secure surety portal in a new tab. You will complete the application, submit your information, and receive your bond documentation without waiting on an agent callback. The process is straightforward and built for business owners who need to move quickly.
Why Bond Titan?
Bond Titan is powered by The Southern Agency and built to handle bonds like this one fast — no phone tag, no waiting rooms, no back-and-forth with a local agent. Our nationwide catalog includes hard-to-find union wage and welfare bonds, and our online platform lets you buy, download, and deliver proof of bond on your schedule. When IBEW Local No. 351 needs your bond on file, we help you get there the same day.