Ohio LIUNA Laborers' Local 423 - Wage & Welfare Bond
Overview
Contractors working under a LIUNA Laborers' Local 423 collective bargaining agreement in Ohio are required to carry this Wage & Welfare Bond before putting union labor on the job. It guarantees that you — the employer — will make all required contributions to the union's wage and fringe benefit funds on time and in full. If those payments fall short, the bond gives Local 423 a financial backstop to recover what workers are owed. Bond Titan makes it fast and straightforward to get covered and stay compliant.
Who Needs This Bond?
General contractors, subcontractors, and construction employers who have signed a collective bargaining agreement with LIUNA Laborers' Local 423 in Ohio need this bond. Any signatory employer dispatching Local 423 laborers on a project is on the hook for regular contributions to the union's health, welfare, and pension funds — and the bond is how you prove you can back those obligations. If Local 423 has asked you for this bond before you can begin work or continue dispatching members, this is the bond you need.
What is this Bond For?
LIUNA Laborers' Local 423 serves as the obligee on this bond, protecting the union's benefit funds and the workers who depend on them. The bond is not a payment bond for project owners — it is a labor compliance tool that secures your ongoing obligation to remit wages and fringe benefit contributions as required under your CBA. If you default on those contributions, Local 423 can make a claim against the bond to recover unpaid amounts.
When is it Required?
Signatory employers are typically asked for this bond at the point of signing or renewing a collective bargaining agreement with Local 423, or when the union requests updated proof before allowing you to dispatch laborers to a new project. Some employers are also required to provide a bond when they have fallen behind on contributions and need to demonstrate financial assurance before getting back in good standing. Either way, the bond must be in place before your workers can be dispatched.
Where Does it Apply?
This bond applies statewide in Ohio and is specific to employers working under a collective bargaining agreement with LIUNA Laborers' Local 423. It is a union-driven labor requirement, not a state license or permit — it applies wherever in Ohio your Local 423 signatory work takes you.
How to Buy Online
Click 'Buy This Bond Online' to open the secure surety portal in a new tab. Complete the short application with your employer information and the bond details Local 423 has specified, and your bond document is issued digitally. You can forward proof of bond to the union's fund office as soon as your transaction is complete.
Why Bond Titan?
Bond Titan gives Ohio construction employers a direct path to this bond without waiting on an agent callback or navigating a paper application. Our nationwide catalog — powered by The Southern Agency — includes union wage and welfare bonds like this one, ready to purchase online today. Fast, straightforward, and built for contractors who need to get compliant and get to work.