New York Structural Steel & Bridge Painters Local No. 806 Fringe Benefits Bond
Overview
Painting structural steel and bridges in New York under a union agreement with Local No. 806 comes with a financial obligation that goes beyond wages — you must also protect fringe benefit contributions. This bond guarantees that covered fringe benefit payments owed to Structural Steel & Bridge Painters Local No. 806 are actually made. If your company falls short, the bond provides a financial backstop for the union and its funds. It is a direct requirement tied to your collective bargaining obligations, not a general contractor license.
Who Needs This Bond?
Contractors and employers who have signed a collective bargaining agreement with Structural Steel & Bridge Painters Local No. 806 in New York need this bond. Any employer who hires painters covered under the Local 806 agreement for structural steel or bridge painting work is the principal on this bond. If your company operates under that CBA and you are required to make contributions to union health, pension, vacation, or other fringe benefit funds, this bond applies to you. It is not a bond for independent painters or non-union contractors.
What is this Bond For?
This bond secures your obligation to pay fringe benefit contributions — such as health, pension, and annuity fund payments — owed under your agreement with Local No. 806. The union or its benefit fund administrators are the protected party. If you fail to remit required contributions, a claim can be made against this bond to recover those unpaid amounts. It exists to ensure that workers and their families receive the benefits they have been promised and that the union funds remain solvent.
When is it Required?
Signing or operating under a collective bargaining agreement with Structural Steel & Bridge Painters Local No. 806 is the moment this bond becomes mandatory. The requirement typically arises when you enter the CBA, win a covered contract, or are audited and found to have an outstanding contribution obligation. The union or its benefit trust funds will demand proof of this bond before work proceeds or as a condition of remaining in good standing. Do not wait until a job is underway — get the bond in place before you mobilize your crew.
Where Does it Apply?
This bond is a New York statewide obligation tied to the jurisdiction of Structural Steel & Bridge Painters Local No. 806. It covers work performed under that union's agreement anywhere the local has jurisdiction across New York State. It is not a city permit bond and is not filed with a government agency — it is held in accordance with your union agreement.
How to Buy Online
Click 'Buy This Bond Online' and the secure surety portal will open in a new tab. Complete the application with your business information and the bond amount required under your Local No. 806 agreement. Once approved, your bond document is issued and ready for delivery to the union or fund administrator.
Why Bond Titan?
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