Indiana Performance BondInd. Code § 36-1-12-13.1
Bond threshold: $200,000.
Indiana's $200,000 trigger is higher than the federal Miller Act's $150,000. A state or local contract between the two amounts is below the statutory trigger, though the owner or bid documents can still ask for bonds; the Miller Act applies to federal contracts.
- Who requires it: Indiana public owners awarding covered public works contracts (Ind. Code § 36-1-12-13.1).
- Amount: Payment bond: Equal to the contract price (local public works over $200,000, Ind. Code § 36-1-12-13.1).
- Typical cost (estimate): about $2,000-$4,000 on a $200,000 contract with excellent credit, up to $10,000-$20,000 below 620. The surety sets the final price.
- Timing: We submit complete applications to the carrier promptly; most quotes within one business day.
Indiana public works bonding at a glance
- Bond threshold
- $200,000
- Controlling statute
- Ind. Code § 36-1-12-13.1
- Payment bond amount
- Equal to the contract price (local public works over $200,000, Ind. Code § 36-1-12-13.1)
- Federal jobs in Indiana
- Miller Act (40 U.S.C. § 3131): bonds on federal contracts over $150,000
Source: Ind. Code § 36-1-12-13.1 and the sources cited below.
For license bonds and every other bond a contractor may need, start with our hub: Contractor bond guide.
What a Indiana performance bond costs
Premium on a $200,000 Indiana contract (the trigger size):
Indiana performance bond cost by credit profile
Based on a $200,000 Contract bond amount
- Excellent (750+)Rate: 1-2%$2,000-$4,000
- Good (680-749)Rate: 2-3%$4,000-$6,000
- Fair (620-679)Rate: 3-5%$6,000-$10,000
- Below 620Rate: 5-10%$10,000-$20,000
Illustrative ranges; the carrier sets final pricing.
How to get bonded for public work in Indiana
Bid bond at bidding, performance and payment bonds at award: required on contracts over $200,000 under Ind. Code § 36-1-12-13.1.
Indiana performance bond questions
Does Indiana require a performance bond on public projects?
Yes, on covered public works contracts (Ind. Code § 36-1-12-13.1). The trigger: $200,000. Owners, lenders and bid documents can also require one by contract.
What is the Indiana Little Miller Act threshold?
$200,000.
How much does a performance bond cost in Indiana?
On a $200,000 Indiana contract, typical ranges run about $2,000-$4,000 for excellent credit up to $10,000-$20,000 below 620. The issuing carrier sets the final price.
How do I get an Indiana performance bond?
Use the form on this page with the contract amount and the public owner.
What happens after I apply for a performance bond in Indiana?
The carrier decides approval and the final premium; you pay only when the bonds are issued.
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Other Indiana Bonds
Additional surety bonds available in Indiana
Notary public bond
Contractor licensing
DMV dealer licensing
NMLS mortgage licensing
All bond types
Executors, administrators & guardians
FMCSA broker authority
Nearby States
Performance bonds in neighboring states
All content is researched from official state and federal sources (.gov). BuySuretyBonds.com works with Treasury-listed surety carriers.
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No payment until your bond is issued.
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Performance bonds in other states
- Alabama performance bond guide
- Alaska performance bond
- Arizona performance bond requirements
- Performance bond rules in Arkansas
- California performance bond amount
- Colorado performance bond guide
- Washington DC performance bond
- Florida performance bond requirements
- Performance bond rules in Georgia
- Idaho performance bond amount
- Illinois performance bond guide
- Performance bond rules in Louisiana
- Maine performance bond amount
- Maryland performance bond guide
- Massachusetts performance bond
- Michigan performance bond requirements
- Performance bond rules in Mississippi
- Missouri performance bond amount
- Nevada performance bond guide
- New Jersey performance bond
- New York performance bond requirements
- Performance bond rules in North Carolina
- North Dakota performance bond amount
- Ohio performance bond guide
- Oklahoma performance bond
- Pennsylvania performance bond requirements
- Performance bond rules in South Carolina
- Tennessee performance bond amount
- Texas performance bond guide
- Virginia performance bond
- Washington performance bond requirements
- Performance bond rules in Wyoming