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Federal Bonding Program
The Federal Bonding Program assists a job applicant in overcoming barriers to employment. It is a 6-month no cost fidelity bond for applicants who are denied coverage by commercial carriers due to their at risk background provided through a partnership between the US Department of Labor and CHUBB. A fidelity bond is provided to the employer free of charge and serves as an incentive to the company to hire a job applicant who is has a criminal record or has an at risk background in obtaining employment. It is a business insurance policy that protects the employer against financial loss due to theft, forgery, larceny or embezzlement caused by employee dishonesty. If you have any questions, contact 303-318-8961 or email Kerri.owen@state.co.us. The forms are available via the website link below, but they must be filled out by a local workforce center employee. You will find a complete list of workforce centers on Remerg.com in the Jobs section.
Phone: 303-318-8961
Website: https://cdle.colorado.gov/employers/incentives-tax-credits/federal-bonding
Additional Info: Free $5,000 bond coverage with no deductible amount of liability for the employer
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