On August 16, 2012, Integrated Electrical Services, Inc., a Delaware corporation (the "Company" or "we"), and certain of its present and future subsidiaries and affiliates, entered into Amendment No. 1 to the Agreement of Indemnity (the "Amendment") with Chartis Property Casualty Company, Chartis Insurance Company of Canada, American Home Assurance Company, Commerce and Industry Insurance Company, Granite State Insurance Company, Lexington Insurance Company, National Union Fire Insurance Company of Pittsburgh, Pa., New Hampshire Insurance Company and The Insurance Company of the State of Pennsylvania (collectively, with any and all of their affiliates, subsidiaries, successors and assigns, the "Surety"). The Amendment memorialized the execution of a certain intercreditor agreement between the Surety and Wells Fargo, National Association.

The Amendment is attached hereto as Exhibit 10.1 and is incorporated herein by reference. The foregoing summary does not purport to be complete and is qualified in its entirety by reference to the Amendment.

On August 9, 2012, the Company entered into a Credit and Security Agreement for a $30,000,000 revolving credit facility (the "2012 Facility") with Wells Fargo Bank, National Association. As previously disclosed in the Company's quarterly report on Form 10-Q for the quarter ended June 30, 2012, as a condition to the initial extension of credit under the 2012 Facility, the Company was required to deliver executed intercreditor agreements with each of the Company's current sureties on or before August 17, 2012. As of August 16, 2012, the Company has delivered all required intercreditor agreements and has satisfied all conditions with respect to the initial extension of credit under the 2012 Facility.

(d) Exhibits.

Exhibit No.      Description
   10.1          Amendment No. 1 to Agreement of Indemnity, dated August 16,
                 2012, between Integrated Electrical Services, Inc. and certain of
                 its present and future subsidiaries and affiliates and Chartis
                 Property Casualty Company, Chartis Insurance Company of Canada,
                 American Home Assurance Company, Commerce and Industry Insurance
                 Company, Granite State Insurance Company, Lexington Insurance
                 Company, National Union Fire Insurance Company of Pittsburgh, Pa.,
                 New Hampshire Insurance Company and The Insurance Company of the
                 State of Pennsylvania, and any and all of their affiliates,
                 subsidiaries, successors and assigns

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Date: August 17, 2012 /s/ William L. Fiedler William L. Fiedler Senior Vice President and General Counsel