The Building Laborers' Local No. 310, of Laborers' International Union of North America (LIUNA), AFL-CIO, hereinafter referred to as Local Union 310, requires employers (contractors) hiring union members to maintain a Wage and Welfare Bond. Local Union 310 is also part of the Ohio Laborers' District Council which has a bond requirement of their own, but contractors only need to file one bond with Local Union 310.
The Building Laborers’ Wage and Welfare Bond guarantees that union members (employees) will be paid their wages and the union will be paid their dues by the contractor or Jet will provide compensation for any unpaid wages or dues.
The cost is directly correlated to the bond limit (determined by the local union) and your financial status. A soft credit check is completed to get you an approved rate, and the price you pay will only be a small percentage of the bond limit. The chart below shows our preferred tier rates at different bond limits.
Bond Limit | Cost |
---|---|
$10,000 | $250 |
$25,000 | $500 |
$50,000 | $1,000 |
Choosing Jet as your surety bond provider simplifies the process by eliminating middlemen brokers who tack on fees and commissions. Apply for your Ohio Building Laborers’ Wage and Welfare Bond by clicking the “Apply for Bond” button above.
Local Union 310 has been around since 1925 and is a chapter of the Laborers' International Union of North America. Because Local Union 310 provides skilled laborers to over 500 signatory contractors in Ohio, they use the Wage and Welfare Bond as a tool for financial protection to both the union and their laborers.
The Ohio Laborers' District Council oversees 25 unions, including Local Union 310. Their mission is to work with their signatory contractors to provide the most knowledgeable and trained laborers possible. The Council is committed to fair wages, fair work, fringe benefits, and retirement security for their laborers. The bond helps strengthen this commitment.
The Wage and Welfare Bond is an assurance that if wages and dues are not paid by the contractor that the surety company (Jet) will provide the owed compensation.
Our application only asks for what is necessary to get you a quote, including your business information, required bond limit, and social security number (needed to complete a soft credit check necessary for eligibility and rate determination).
Submitted applications will be reviewed by a Jet underwriter and a rate will be provided shortly after. For bond limits over $10,000, Jet may request business financials before approving a rate. After the review, an approved rate will be emailed to you and you can purchase the bond online. You will receive a digital copy of the bond and your receipt after completing payment.
Jet will gladly file the bond for you, but if you wish to file the bond to the union yourself it should be sent to the following address:
Building Laborers' Local No. 310
3250 Euclid Ave
Cleveland, OH 441155
If you are filing the bond to the Ohio Laborers' District Council, send it to the address below:
Ohio Laborers' District Council
152 Dorchester Square
Westerville, OH 43081
Yes, one major perk of choosing Jet is the ability to cancel your Wage and Welfare Bond at any time. Just send us an email to [email protected] and we will send a notice of intent to cancel to the union.
The union keeps the bond active for 30 days after receiving the notice, so that time must be considered while Jet calculates any refunds. Once Jet is released of the bond’s liability, you will be refunded any unused premium.
Jet will send you an invoice via mail and email nearing the bond’s renewal for you to remit payment. Failure to pay in time will result in Jet requesting cancellation with the union.
Generally, no additional paperwork is required to renew the bond, but if your bond limit changes please let us know so we can update the bond form and adjust the premium as necessary.
Nonpayment of wages and dues will result in a claim if not quickly corrected. The bond guarantees payment of:
Any union member (employee) or the union itself may file suit against the bond. If for any reason you fail to make the necessary payment of dues and/or wages, you should work with the Union to correct the issue before a claim occurs, which you are still liable to pay back.
Jet protects its customers from faulty claims, but the Wage and Welfare Bond pays out for one reason only: the nonpayment of owed money to the union and its members. Once Jet receives notice of a claim, a thorough review of the details will be completed before making a payout.
Jet will pay the claim if it is valid, but the story doesn’t end there. Surety bonds protect the public from fraudulent or negligent actions of the bondholder (contractor). A bond will only pay out if a principal refuses or fails to fix their action that has caused financial loss. Therefore, the principal is liable for reimbursing Jet for the paid out claim.
Possibly; there are various city-, county-, and state-level construction bonds in Ohio. Depending on the type of work being performed, you may be required to hold a surety bond.
Other unions are part of the Ohio Laborers' District Council and may be required to file a bond. If this is the case, please let Jet know and we will gladly assist.