Fringe Benefits ($10,000) Bond - IBEW Local No. 6 (eisb) in California

Brief Summary

If you sign the IBEW Local 6 inside agreement in San Francisco, this $10,000 bond stands behind the fringe benefit contributions you report to EISB each month. Posting a surety bond keeps your cash in the business instead of on deposit with the trusts, and it is usually the fastest way to clear the security requirement so your crews can be dispatched.

The $10,000 Fringe Benefits bond guarantees that an electrical contractor working under IBEW Local 6 pays the health and welfare, pension, apprenticeship and related contributions it owes to the trusts administered by the Electrical Industry Service Bureau (EISB) in San Francisco. If the employer falls behind, the trusts can recover the shortfall from the bond. Confirm the current bond form and filing steps with EISB before the bond is issued.

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How to Apply for a Fringe Benefits ($10,000) Bond:

• Confirm with EISB the exact obligee names and any required bond form before issue.
• Provide the legal name of the contracting company exactly as it appears on the signatory agreement.
• Provide owner names, home addresses and Social Security numbers for the credit review.
• Complete the bond application and approve the quoted premium.
• Sign the indemnity agreement with the surety.
• Deliver the executed $10,000 bond to EISB, 720 Market Street, Suite 700, San Francisco, or as EISB directs.

Detailed Information About the California Fringe Benefits ($10,000) Bond:

Who EISB is

EISB is a labor management cooperation committee funded under the Inside Wire Agreement between IBEW Local 6 and the San Francisco Electrical Contractors Association. It acts as contract administrator for the Northern California Electrical Workers Pension Trust, the San Francisco Electrical Workers Health and Welfare Trust and the San Francisco Electrical Industry Apprenticeship and Training Trust. Employers send their monthly contribution reports and payments through EISB, which is why this bond is tied to it.

What the bond covers

The bond backs the employer's promise to pay fringe benefit contributions as the agreement requires. The amounts add up quickly. EISB's wage sheet for Inside Wiremen effective June 1, 2026 lists Health and Welfare at $22.83 per hour, total pension at $22.52 per hour, Apprenticeship, EISB and LMCC at $1.465 per hour, plus NEBF at 3% and AMF at 0.75% of gross earnings. A contractor with a few journeymen can owe well over the $10,000 bond amount in a single month, so the bond is a floor, not a ceiling on what the trusts can pursue.

The federal rule behind it

Section 515 of ERISA, 29 U.S.C. 1145, requires every employer obligated by a collective bargaining agreement to contribute to a multiemployer plan to pay those contributions on the agreement's terms. When a trust wins a collection suit, 29 U.S.C. 1132(g)(2) lets it recover the unpaid contributions, interest, liquidated damages and attorney fees. A claim against this bond follows the same logic. The surety pays a valid shortfall up to $10,000 and then looks to the contractor to repay it.

Before you buy

EISB and Local 6 set the form and the delivery instructions. Ask EISB which obligee names belong on the bond and where the original should go before the surety issues it.

Eligibility and Requirements for a California Fringe Benefits ($10,000) Bond:

• Bond amount of $10,000.
• Signatory to the IBEW Local 6 and San Francisco Electrical Contractors Association inside agreement or another agreement that requires contributions through EISB.
• Surety licensed to write bonds in California.
• Owner and company credit review, which drives the premium rate.
• Personal indemnity from the owners of the business.

California Fringe Benefits ($10,000) Bond FAQs:

Official and Additional Resources for the California Fringe Benefits ($10,000) Bond: