Union wage and benefit bonds

Connecticut Competitive Local Exchange Company (CLEC) License Bond ($25,000). $125/yr.

The Connecticut Competitive Local Exchange Company (CLEC) License Bond ($25,000) costs $125 a year with BLDAssure. Union trust funds usually ask contractors who sign their agreement for this bond. It guarantees the wage, fringe benefit and welfare contributions owed to the fund are paid.

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Issued instantly once paid
No credit check
A-rated surety carriers
Issued through Propeller Bonds
See your price before you pay

Your price

$125 a year

0.5% × $25,000 = $125

Bond amount$25,000

Issued instantly once paid
No credit check

Start the application

The surety's published rate. You see the final price before you pay.

Need a different bond amount?

Price checked on Propeller Bonds' rate sheet, Oct 17, 2026.

How it works

Three steps to your bond.

01Apply onlineAnswer a few questions about your business. It takes a few minutes.
02Pay and get your bondPay the price shown and the surety issues your bond right away.
03File itSign the bond and file it with the agency that asked for it. We help with the filing.

About this bond

What the Connecticut Competitive Local Exchange Company (CLEC) License Bond ($25,000) is for

Union trust funds usually ask contractors who sign their agreement for this bond. It guarantees the wage, fringe benefit and welfare contributions owed to the fund are paid.

The bond amount is set by the agency, utility or fund that asks for it. If the bond holder doesn't meet their obligations, a valid claim is paid up to that amount, and the bond holder repays the surety.

What the price depends on

The surety's published rate. You see the final price before you pay.

FAQs

Common questions.

How much does the Connecticut Competitive Local Exchange Company (CLEC) License Bond ($25,000) cost?

$125/yr. The rate is 0.5% of the $25,000 bond amount, with a $100 minimum. The surety's published rate. You see the final price before you pay.

Do I pay the full bond amount?

No. You pay the premium shown above. The bond amount is the most the surety would pay on a valid claim, and you'd repay the surety for any claim it pays.

Is there a credit check?

No. This bond is approved from your application, with no credit check.

How fast is it issued?

Instantly. Once you've paid, the surety issues the bond and you can download it.

Who issues the bond?

Propeller Bonds, our surety partner, issues it with A-rated carriers. BLDAssure handles your application and service.

Get your Connecticut Competitive Local Exchange Company (CLEC) License Bond ($25,000) today.

$125/yr. Apply online in a few minutes.

Start the application All Connecticut bonds

Your price $125Apply now