Louisiana Performance BondLa. R.S. 38:2241
Bond threshold: $25,000.
Louisiana's $25,000 trigger is lower than the federal Miller Act's $150,000; state and local jobs are bonded at a smaller size than federal ones.
- Who requires it: Louisiana public owners awarding covered public works contracts (La. R.S. 38:2241).
- Amount: Payment bond: Not less than 50% of contract price (contracts over $25,000).
- Typical cost (estimate): about $1,000-$2,000 on a $100,000 contract with excellent credit, up to $5,000-$10,000 below 620. The surety sets the final price.
- Timing: We submit complete applications to the carrier promptly; most quotes within one business day.
Louisiana public works bonding at a glance
- Bond threshold
- $25,000
- Controlling statute
- La. R.S. 38:2241
- Payment bond amount
- Not less than 50% of contract price (contracts over $25,000)
- Deadline to sue on the payment bond
- Action on the bond must be brought against the surety or the contractor or both within one year from the registry (recordation) of acceptance of the work or of notice of default of the contractor (38:2247(A)). No earliest-time-to-sue rule stated in the sections read, other than the claim needing to have matured before the sworn statement is filed.
- Federal jobs in Louisiana
- Miller Act (40 U.S.C. § 3131): bonds on federal contracts over $150,000
Source: La. R.S. 38:2241 and the claim statutes cited below.
Getting paid: Louisiana payment bond claims
On Louisiana public work, La. R.S. 38:2241-2248 (Louisiana Public Works Act; esp. 38:2241, 38:2242, 38:2247) makes the payment bond, not a lien on public property, the security for unpaid labor and materials.
Lawsuit deadline
Action on the bond must be brought against the surety or the contractor or both within one year from the registry (recordation) of acceptance of the work or of notice of default of the contractor (38:2247(A)). No earliest-time-to-sue rule stated in the sections read, other than the claim needing to have matured before the sworn statement is filed.
Statute text: source 1, source 2, source 3. General information, not legal advice.
What a Louisiana performance bond costs
Premium on a $100,000 Louisiana contract:
Louisiana performance bond cost by credit profile
Based on a $100,000 Contract bond amount
- Excellent (750+)Rate: 1-2%$1,000-$2,000
- Good (680-749)Rate: 2-3%$2,000-$3,000
- Fair (620-679)Rate: 3-5%$3,000-$5,000
- Below 620Rate: 5-10%$5,000-$10,000
Illustrative ranges; the carrier sets final pricing.
How to get bonded for public work in Louisiana
Bid bond at bidding, performance and payment bonds at award: required on contracts over $25,000 under La. R.S. 38:2241.
Louisiana performance bond questions
Does Louisiana require a performance bond on public projects?
Yes, on covered public works contracts (La. R.S. 38:2241). The trigger: $25,000. Owners, lenders and bid documents can also require one by contract.
What is the Louisiana Little Miller Act threshold?
$25,000.
How much does a performance bond cost in Louisiana?
On a $100,000 Louisiana contract, typical ranges run about $1,000-$2,000 for excellent credit up to $5,000-$10,000 below 620. The issuing carrier sets the final price.
What is the deadline to sue on a Louisiana payment bond?
Action on the bond must be brought against the surety or the contractor or both within one year from the registry (recordation) of acceptance of the work or of notice of default of the contractor (38:2247(A)). No earliest-time-to-sue rule stated in the sections read, other than the claim needing to have matured before the sworn statement is filed. (La. R.S. 38:2241-2248 (Louisiana Public Works Act; esp. 38:2241, 38:2242, 38:2247)). Confirm the deadline against the statute and your contract before relying on it.
How do I get a Louisiana 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 Louisiana?
The carrier decides approval and the final premium; you pay only when the bonds are issued.
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All content is researched from official state and federal sources (.gov). BuySuretyBonds.com works with Treasury-listed surety carriers.
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