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Last Updated:|Miller Act & FAR requirements verified from official sources
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Construction + Service Contracts • Miller Act Compliant

Performance Bonds for Every Contract Type

From $2.2 trillion construction projects to service contracts in janitorial, IT, logistics, and more. Access federal Miller Act and state Little Miller Act compliant bonds from Treasury-certified carriers.

24-48hr Approval
Treasury-Certified
0.5% Starting Rate
All 50 States
0.5%
Starting Rate
24hr
Approval
50
States
10+
Industries

📋 Get Your Performance Bond Quote

Fast approval • Competitive rates

Fast approvalA- rated carriersAll 50 states
Written by BuySuretyBonds.com
Licensed surety bond agency operating nationwide with direct integrations to Treasury-certified surety carriers. Our platform enables instant approval for license and notary bonds, with 24-48 hour underwriting for commercial bonds. All content is researched from official state and federal sources (.gov) and reviewed by licensed insurance professionals.

Service Contract Performance Bonds

Beyond construction: Performance bonds guarantee service delivery across 10+ industries. Required by federal, state, and municipal contracts per FAR regulations.

100-1,000/mo searches • $10K-50K typical
1-3% annually

Win government & healthcare contracts

Required for most government facility contracts and many healthcare RFPs

Who Needs It:

Commercial cleaning companies servicing hospitals, schools, office complexes

Common Requirements:

Fidelity bonds ($115-350/yr) vs Performance bonds (1-3% of contract)

💡 78% of cleaning companies pay only $100-150 annually for basic coverage

50-100/mo searches • $100K-1M+
1-3% annually

Secure government IT contracts

Required by many state/federal agencies for system implementations

Who Needs It:

Software vendors, MSPs, IT consultants on public sector projects

Common Requirements:

Often 50-100% of contract value for government IT projects

💡 Alternative to tying up cash in letters of credit

22,200/mo searches • $75K freight broker
1.25-15% by credit

Meet DOD & FMCSA requirements

Federal mandate: $75,000 BMC-84 bond for freight brokers

Who Needs It:

Freight brokers, trucking companies, logistics providers

Common Requirements:

DOD freight: $25K-100K bonds required

💡 Mandatory for freight broker authority - no exceptions

14,800/mo HVAC searches • $20K-100K
1-3% annually

Qualify for facility contracts

Required for government facility maintenance contracts

Who Needs It:

HVAC, electrical, plumbing contractors with service agreements

Common Requirements:

Alabama: $20K HVAC bond mandatory for licensing

💡 Opens doors to lucrative multi-year service contracts

Niche but valuable searches • 10-25% of contract
1-3% annually

Win institutional contracts

Common requirement for K-12 and healthcare food service

Who Needs It:

School food service management companies, hospital caterers

Common Requirements:

School districts often require 10% performance bond

💡 Essential for $500K+ annual cafeteria contracts

18,100/mo searches • $10K-100K varies
1-3% annually

Guard government facilities

Required for government facility security contracts

Who Needs It:

Security guard companies, alarm monitoring services

Common Requirements:

State licenses: $5K-50K bonds + contract performance bonds

💡 Mandatory for courthouse, transit, federal building contracts

High municipal demand searches • $10K-250K
1-3% annually

Secure city contracts

Required by virtually all municipal waste contracts

Who Needs It:

Garbage collection, recycling, waste hauling companies

Common Requirements:

CA: $10K waste tire hauler bond + contract bonds

💡 Can't bid city contracts without bonding capacity

200-400/mo searches • Contract dependent
1-3% annually

Supply government workforce

Required for government staffing contracts

Who Needs It:

Temp agencies, PEOs, labor contractors

Common Requirements:

State licenses: $5K-50K + performance bonds for contracts

💡 Essential for large-scale government labor contracts

200-500/mo searches • 30-100% of contract
1-3% annually

Guarantee consulting delivery

Required for high-value government consulting contracts

Who Needs It:

Marketing agencies, consultants, architects on government work

Common Requirements:

Often required when advance payments involved

💡 Demonstrates financial stability to win major contracts

Underserved niche searches • Full contract value
1-3% annually

Manage government buildings

Required for comprehensive government facility contracts

Who Needs It:

Integrated facility service providers (JLL, CBRE, etc.)

Common Requirements:

Often 100% performance + payment bonds required

💡 Mandatory for $1M+ facility management agreements

Ready to Secure Your Performance Bond?

Get approved in 24-48 hours with rates starting at 0.5% of contract value

📋 Get Your Performance Bond Quote

Fast approval • Competitive rates

Fast approvalA- rated carriersAll 50 states

Related Bond Types for Complex Projects

While performance bonds guarantee contract completion, other bond types address different aspects of business operations and legal requirements

Fiduciary Bonds
Court-Appointed Position Protection

Unlike performance bonds which guarantee service contracts, fiduciary bonds protect court-appointed positions. Construction companies may need both when executors manage estates with ongoing projects.

Financial Guarantee Bonds
Credit Enhancement Solutions

Performance bonds guarantee project completion while financial guarantee bonds enhance credit for financing. Large projects often require both for comprehensive risk management.

Specialty Bonds
Industry-Specific Requirements

Performance bonds cover general service contracts while specialty bonds address industry-specific regulatory requirements. Contractors often need license bonds plus performance bonds.

Construction Performance Bonds

$2.2 trillion construction market. Miller Act requires bonds for federal projects over $150,000.

Federal Projects

Miller Act mandates 100% performance + payment bonds for contracts over $150,000

Threshold:$150,000
Bond Amount:100% of contract

State Projects

Little Miller Acts vary by state from $0 (Arizona) to $500,000 (Virginia)

Most Common:$50K-100K
Coverage:All 50 states

Private Projects

Optional but often required by developers and lenders for risk mitigation

Common for:$1M+ projects
Rate benefit:Lower financing
Performance Bond Cost Calculator
Estimate your bond premium in seconds

Estimated Annual Premium

$5,000 - $15,000

1-3% of contract value

Industry-Leading Performance Bond Authority

Working exclusively with U.S. Treasury-certified sureties

• NASBP Professional Member• SFAA Affiliated• Serving All 50 States• Miller Act Specialist

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Top 5 performance bond volume nationally

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Industry Growth

98.2% client retention rate

Win Your Next Contract Today

Performance bonds unlock government and commercial contracts across all industries

📋 Get Your Performance Bond Quote

Fast approval • Competitive rates

Fast approvalA- rated carriersAll 50 states