Construction Bond Calculator
Construction Bond Cost Calculator for Contractors
Calculate construction bond costs for bid bonds, performance bonds, and payment bonds. Miller Act and state project pricing.
Construction Bond Cost Calculator
Construction Bond Cost Breakdown
Bid Bond
Often free with bonding program
Performance Bond
Sliding scale pricing
P&P Combined
Best value package
Construction Bond Sliding Scale Example
Our construction bond calculator uses industry-standard sliding scale rates:
- First $100,000
- $100K - $500K
- Above $500K
- $25 (2.5%)
- $15 (1.5%)
- $10 (1.0%)
Popular Bond Types
Explore our most requested surety bonds
Construction Bond Calculator FAQs
How much does a construction bond cost?
Construction bonds typically cost 0.5% to 3% of the contract value. A $1 million project costs $5,000-$30,000 for performance and payment bonds. Our construction bond cost calculator uses sliding scale rates - larger projects get lower effective rates.
What bonds are required for construction projects?
Most public construction projects require three bonds: a bid bond (guarantees your bid), performance bond (guarantees completion), and payment bond (protects subcontractors). Federal Miller Act projects over $150,000 require all three.
What is the Miller Act bond requirement?
The Miller Act requires 100% performance bonds and 100% payment bonds for federal construction contracts exceeding $150,000. Bonds must be from Treasury-listed sureties. Use our construction bond calculator to estimate costs for Miller Act projects.
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Treasury-listed carriers. Competitive rates. Fast approval.
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