The Little Miller Act is a state statute which is based upon the federal act known as the Miller Act. These acts are vital for regulating the performance bond and surety industries in states, and making sure that contractors can fulfill their responsibilities to not just their clients, but to their suppliers and their subcontractors … Continue reading “Arizona Little Miller Act Statute”
As you pursue your contracting business, you’re going to have to face the need for bonds of various types sooner or later. Every contractor needs to be bonded to bid on certain types of project. In fact, at the Federal level as well as in many states bonding is legally required for any public project. … Continue reading “Virginia Little Miller Act”
Like other U.S. states, Mississippi has instituted a series of laws similar to the U.S. Little Miller Act. These laws protect public construction projects from builder’s liens by transferring liability to a surety agent. Surety bonds provided under the Little Miller Acts generally guarantee “full and faithful” performance of a contract as well as payment … Continue reading “Mississippi’s Little Miller Act”
The state of Tennessee maintains its own set of laws mandating bonding for publicly funded projects, which are referred to collectively as Tennessee’s Little Miller Act. Unlike many other states, Tennessee’s set of Little Miller Act statutes offer much more flexibility when it comes to bonding. Contractors engaging in state-funded or locally funded projects can … Continue reading “Tennessee’s Little Miller Act”
The South Carolina version of the U.S. Miller Act contains several requirements that make it different from its counterparts in other states. It is one of the few Little Miller Acts to require a bid bond, for instance. It also contains specific language intended to apportion the total available value of payment or performance bonds … Continue reading “South Carolina’s Little Miller Act”
North Carolina maintains a version of the federal Little Miller Act, which protects public construction projects from liens by mandating that all contractors maintain performance and payment bonds in the amount of the full value of the contract. The “Little Miller Act” version for North Carolina has a number of interesting caveats compared to other … Continue reading “North Carolina’s Little Miller Act”
When you’re looking into getting surety bonds for your construction business, especially if you’re working on state projects, you may hear about the requirements you have to meet under your state’s Little Miller Act. This term can come as a surprise to many small businesses, who may not be sure what it means, or what … Continue reading “An Overview of the State Little Miller Act”
Just like the Little Miller Acts for Georgia and Alabama, Florida’s Little Miller Act statutes aim to protect public agencies from liens and legal actions by requiring contractors to secure surety bonds. Under Florida Statutes, Title XVIII, Chapter 255, §255.05, all projects valued at more than $100,000 must have a performance bond and payment bond … Continue reading “Florida’s Little Miller Act”
After covering the U.S. Miller Act and Georgia’s Little Miller Act in detail, we are moving on to Alabama’s own version of the Miller Act along with the unique provisions and requirements it lays out. Alabama’s Little Miller Act has less strict requirements than similar laws applying to federal projects and publicly funded projects in … Continue reading “Alabama’s Little Miller Act”
A few weeks ago, we covered the United States Miller Act, a set of federal statutes that requires certain types of surety bonding for all construction projects of a certain value. The U.S. Miller Act is critical to the stability of publicly-funded construction projects while keeping costs and risks down overall. Because of the … Continue reading “Georgia’s Little Miller Act”
