Wyoming Performance BondWyo. Stat. § 16-6-112
Bond threshold: $150,000.
Wyoming's threshold matches the federal Miller Act's $150,000.
- Who requires it: Wyoming public owners awarding covered public works contracts (Wyo. Stat. § 16-6-112).
- Amount: Performance bond: Not less than 100% of contract price (one bond covers performance and payment). Payment bond: Not less than 100% of contract price (one bond covers performance and payment).
- Typical cost (estimate): about $1,500-$3,000 on a $150,000 contract with excellent credit, up to $7,500-$15,000 below 620. The surety sets the final price.
- Timing: We submit complete applications to the carrier promptly; most quotes within one business day.
Wyoming public works bonding at a glance
- Bond threshold
- $150,000
- Controlling statute
- Wyo. Stat. § 16-6-112
- Performance bond amount
- Not less than 100% of contract price (one bond covers performance and payment)
- Payment bond amount
- Not less than 100% of contract price (one bond covers performance and payment)
- Claim notice (sub-tier claimants)
- On contracts over $150,000, a subcontractor or materialman must give the general contractor written notice of its right to protection under the bond no later than 60 days after services or materials are first furnished, by certified mail, electronic means or receipted delivery (16-6-121). If the general contractor has posted the required site sign and the owner has put the notice rules in the project specifications, failing to give this notice waives the protection under the bond. A claimant who sues on the bond must also notify the obligee named in the bond that the action has begun (16-6-113).
- Deadline to sue on the payment bond
- An action on the bond must be commenced within one year after the date of final completion of the public work (16-6-115).
- Federal jobs in Wyoming
- Miller Act (40 U.S.C. § 3131): bonds on federal contracts over $150,000
Source: Wyo. Stat. § 16-6-112 and the sources cited below.
For license bonds and every other bond a contractor may need, start with our hub: Contractor bond guide.
Getting paid: Wyoming payment bond claims
On Wyoming public work, Wyo. Stat. Ann. 16-6-112 to 16-6-117 and 16-6-121 makes the payment bond, not a lien on public property, the security for unpaid labor and materials.
Notice
On contracts over $150,000, a subcontractor or materialman must give the general contractor written notice of its right to protection under the bond no later than 60 days after services or materials are first furnished, by certified mail, electronic means or receipted delivery (16-6-121). If the general contractor has posted the required site sign and the owner has put the notice rules in the project specifications, failing to give this notice waives the protection under the bond. A claimant who sues on the bond must also notify the obligee named in the bond that the action has begun (16-6-113).
Lawsuit deadline
An action on the bond must be commenced within one year after the date of final completion of the public work (16-6-115).
Sources: source 1, source 2. General information, not legal advice.
What a Wyoming performance bond costs
Premium on a $150,000 Wyoming contract (the trigger size):
Wyoming performance bond cost by credit profile
Based on a $150,000 Contract bond amount
- Excellent (750+)Rate: 1-2%$1,500-$3,000
- Good (680-749)Rate: 2-3%$3,000-$4,500
- Fair (620-679)Rate: 3-5%$4,500-$7,500
- Below 620Rate: 5-10%$7,500-$15,000
Illustrative ranges; the carrier sets final pricing.
How to get bonded for public work in Wyoming
Bid bond at bidding, performance and payment bonds at award: required on contracts over $150,000 under Wyo. Stat. § 16-6-112.
Wyoming performance bond questions
Does Wyoming require a performance bond on public projects?
Yes, on covered public works contracts (Wyo. Stat. § 16-6-112). The trigger: $150,000. Owners, lenders and bid documents can also require one by contract.
What is the Wyoming Little Miller Act threshold?
$150,000.
How much does a performance bond cost in Wyoming?
On a $150,000 Wyoming contract, typical ranges run about $1,500-$3,000 for excellent credit up to $7,500-$15,000 below 620. The issuing carrier sets the final price.
What is the deadline to sue on a Wyoming payment bond?
An action on the bond must be commenced within one year after the date of final completion of the public work (16-6-115). See Wyo. Stat. Ann. 16-6-112 to 16-6-117 and 16-6-121. Confirm the deadline against the statute and your contract before relying on it.
Do subcontractors have to give notice before a Wyoming payment bond claim?
On contracts over $150,000, a subcontractor or materialman must give the general contractor written notice of its right to protection under the bond no later than 60 days after services or materials are first furnished, by certified mail, electronic means or receipted delivery (16-6-121). If the general contractor has posted the required site sign and the owner has put the notice rules in the project specifications, failing to give this notice waives the protection under the bond. A claimant who sues on the bond must also notify the obligee named in the bond that the action has begun (16-6-113). See Wyo. Stat. Ann. 16-6-112 to 16-6-117 and 16-6-121.
Who needs a Wyoming performance bond?
Contractors on public works projects in Wyoming above the statutory threshold. It is required by Wyoming public owners awarding covered public works contracts (Wyo. Stat. § 16-6-112). The bond amount is performance bond: Not less than 100% of contract price (one bond covers performance and payment); payment bond: Not less than 100% of contract price (one bond covers performance and payment).
How do I get a Wyoming 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 Wyoming?
The carrier decides approval and the final premium; you pay only when the bonds are issued.
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Other Wyoming Bonds
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Nearby States
Performance bonds in neighboring states
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Performance bonds in other states
- Alabama performance bond
- Alaska performance bond requirements
- Performance bond rules in Arizona
- Arkansas performance bond amount
- California performance bond guide
- Colorado performance bond
- Washington DC performance bond requirements
- Performance bond rules in Florida
- Georgia performance bond amount
- Idaho performance bond guide
- Illinois performance bond
- Indiana performance bond requirements
- 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