The Federal Bonding Program : a key to employment

CAREER CENTER OFFICES
ALBANY ............................................................... 229-430-5010 AMERICUS .......................................................... 229-931-2520 ATHENS ............................................................... 706-583-2550 AUGUSTA ............................................................ 706-721-3131 BAINBRIDGE ....................................................... 229-248-2618 BLAIRSVILLE ...................................................... 706-745-6959 BLUE RIDGE ....................................................... 706-632-2033 BRUNSWICK ........................................................ 912-264-7244 CAIRO ................................................................. 229-377-6526 CAMILLA ............................................................. 229-522-3630 CARROLLTON ..................................................... 770-836-6668 CARTERSVILLE ................................................... 770-387-3760 CEDARTOWN ...................................................... 770-749-2213 CLAYTONCOUNTY ............................................. 678-479-5886 COBB/CHEROKEE .............................................. 770-528-6100 COLUMBUS ......................................................... 706-649-7423 CORDELE ............................................................ 229-276-2355 COVINGTON ........................................................ 770-784-2455 DALTON ............................................................... 706-272-2301 DEKALBCOUNTY ................................................ 404-298-3970 DOUGLAS ........................................................... 912-389-4254 DUBLIN ................................................................ 478-275-6525 EASTMAN ............................................................ 478-974-6994 ELBERTON .......................................................... 706-213-2028 GAINESVILLE ..................................................... 770-535-5484 GRIFFIN ............................................................... 770-228-7226 GWINNETTCOUNTY ........................................... 770-995-6913 HABERSHAM ....................................................... 706-776-0811 HINESVILLE ........................................................ 912-370-2595 HOUSTONCOUNTY ............................................ 478-988-7130 JESUP ................................................................. 912-427-5842 KINGS BAY ......................................................... 912-673-6942 LAFAYETTE ......................................................... 706-638-5525 LAGRANGE ......................................................... 706-845-4000 MACON ................................................................ 478-751-6164 MILLEDGEVILLE ................................................. 478-445-5465 MONROE ............................................................. 770-207-4111 MOULTRIE ........................................................... 229-891-7147 NEWNAN ............................................................. 770-254-7220 NORTHMETRO ................................................... 404-679-5200 NORTHWESTGEORGIA ...................................... 706-861-1990 ROME .................................................................. 706-295-6051 SAVANNAH .......................................................... 912-356-2773 SOUTHMETRO ................................................... 404-699-6900 STATESBORO ..................................................... 912-681-5156 SYLVESTER ........................................................ 229-777-2120 THOMASVILLE .................................................... 229-225-4033 THOMSON ........................................................... 706-595-3665 TIFTON ................................................................ 229-386-3322 TOCCOA .............................................................. 706-282-4514 VALDOSTA .......................................................... 229-333-5211 VIDALIA ............................................................... 912-538-3231 WAYCROSS ........................................................ 912-285-6105
DOL-1073 (R-02/02)

The
FEDERAL BONDING PROGRAM
A Key To Employment
GEORGIA DEPARTMENT OF LABOR
Michael L. Thurmond Commissioner
Equal Opportunity Employer/Program l Auxiliary Aids & Services Are Available Upon Request To Individuals With Disabilities

The Federal Bonding Program (FBP) provides fidelity bonding insurance coverage, sometimes called dishonesty bonding, to high monetary risk individuals. These applicants have been or may be denied commercial coverage due to a record of arrest, history of alcohol or drug abuse, poor credit history, lack of employment history, or dishonorable discharge.
Many employers carry insurance to protect themselves against employee dishonesty, theft, or embezzlement. However, insurance companies which provide coverage often refuse to cover high-risk job applicants. Therefore, employers will not hire those individuals who cannot be covered.
The Federal Bonding Program, administered by the Georgia Department of Labor, was specifically designed for such situations. Travelers Property Casualty, under contract with the U.S. Department of Labor, has agreed to provide this insurance only through The McLaughlin Company, its agent in Washington, D.C. This coverage is provided at no cost to the employer or the applicant.
Bonding assistance may be provided to any individual who is qualified for the employment in question, not commercially bondable, and has a firm job offer. The job must offer fulltime work, adequate working conditions and wages, reasonable expectation of permanence, and excludes both self-employment and employment as a franchise representative.
Requests for bonding may be made by the job applicant or the prospective employer to the Georgia DOL on behalf of the applicant/ employee. Providing the applicant and the job meet eligibility criteria, bonding coverage becomes effective immediately following DOL certification and the applicant's first day of work. After the applicant is enrolled in FBP, the bond is mailed directly to the employer.

The bond is written for a six-month period. At the end of six months, employers may purchase a Transfer Bond for one or more successive six-month periods at the discretion of the insurer. The use of the Transfer Bond in this manner enables an employee to become permanently bondable. Requests for subsequent bonds may be made, in writing to: The McLaughlin Company, 1725 DeSales Street, N.W., Suite 900, Washington D.C., 20036. The McLaughlin Company will provide the coverage at regular commercial bonding rates. Since the program's inception in 1966, the default rate, a general indicator of participant reliability constructed by an independent research team, has consistently remained under two percent. Additional research indicates that those people who received bonding assistance could not have obtained the job without this coverage.
For further information on The Federal Bonding Program, please contact a local Career Center Office, or call the FBP Coordinator at 404/656-3160. A representative from DOL can help match the amount of the FBP coverage to the exact needs of the job.