Federal construction prime contracts over $150,000 require both performance bonds and payment bonds under the Miller Act, each typically at 100% of contract value. Many federal solicitations also require a bid bond at 20% of bid amount (capped at $3M) as a condition of bid submission. Federal bonds must be issued by sureties listed in Treasury Department Circular 570 (“T-listed sureties”) — and the contracting officer will verify this. For state and local public works projects, “Little Miller Acts” in Maryland, DC, and Virginia impose similar requirements at thresholds set by each jurisdiction. We have relationships with multiple T-listed sureties and can advise on capacity and submission packaging.

Leave A Comment