Miller Act - Revision history

Designing Buildings at 07:10, 31 January 2021

2021-01-31T07:10:46Z

← Older revision		Revision as of 07:10, 31 January 2021
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	The purpose of the Miller Act was to protect subcontractors, suppliers and second-tier claimants when working on government projects from non-payment. The United States Treasury issues certifications to qualified corporate surety companies that are able to issue the bonds.		The purpose of the Miller Act was to protect subcontractors, suppliers and second-tier claimants when working on government projects from non-payment. The United States Treasury issues certifications to qualified corporate surety companies that are able to issue the bonds.

−	~~= Find out more =~~	+	= Related articles on Designing Buildings Wiki =
−		+
−	=== Related articles on Designing Buildings Wiki ===	+

	* Advance payment bond.		* Advance payment bond.
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	* Warranty.		* Warranty.

−	[[Category:~~International~~]] [[Category:~~Regulations~~]] [[Category:~~DCN_Regulation~~]] [[Category:Contracts_/_payment]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:DCN_Legislation]] [[Category:International]] [[Category:Regulations]] [[Category:Contracts_/_payment]]

Editor at 12:25, 26 July 2018

2018-07-26T12:25:01Z

← Older revision		Revision as of 12:25, 26 July 2018
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	* Contractor.		* Contractor.
	* Liens.		* Liens.
		+	* Mechanic’s lien.
	* Performance bond.		* Performance bond.
	* Retainage.		* Retainage.
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	* Warranty.		* Warranty.

−	[[Category:International]] [[Category:Regulations]] [[Category:Contracts_/_payment]]	+	[[Category:International]] [[Category:Regulations]] [[Category:DCN_Regulation]] [[Category:Contracts_/_payment]]

Designing Buildings at 08:22, 26 July 2018

2018-07-26T08:22:01Z

← Older revision		Revision as of 08:22, 26 July 2018
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−	In the United States, the Miller Act (1935) is a federal law that requires contractors ~~that are~~ bidding on government construction projects to obtain a performance bond and a payment bond that covers all labour and materials. This acts as a surety guaranteeing performance ~~of their contractual duties as well as payment of~~ subcontractors and suppliers.	+	In the United States, the Miller Act (1935) is a federal law that requires contractors bidding on government construction projects to obtain a performance bond and a payment bond that covers all labour and materials. This acts as a surety guaranteeing their performance and payments to subcontractors and suppliers.

−	It applies to all public works contracts that exceed $100,000. The Federal Acquisition Regulation can ~~request~~ additional protection or bonds on contracts that are between $25,000-100,000.	+	The Act applies to all public works contracts that exceed $100,000. The Federal Acquisition Regulation can require additional protection or bonds on contracts that are between $25,000-100,000.

−	Several states have adapted the Act for use at the state level and are often referred to as ‘Little Miler Acts’.	+	Several states have adapted the Act for use at the state level and these are often referred to as ‘Little Miler Acts’.

−	The purpose of the Miller Act was to protect subcontractors, suppliers and second-tier claimants when working on government~~-owned~~ projects~~, since a traditional lien was unable to protect them~~ from non-payment. The United States Treasury issues certifications to qualified corporate surety companies that are able to issue the bonds.	+	The purpose of the Miller Act was to protect subcontractors, suppliers and second-tier claimants when working on government projects from non-payment. The United States Treasury issues certifications to qualified corporate surety companies that are able to issue the bonds.
−		+
−	The Act provides certain warranties to those performing and providing works, goods and services under the bonded contract. A civil action may be brought on the payment bond if the required payment has not been paid in full within 90 days of the duties being fulfilled.	+

	= Find out more =		= Find out more =

Editor: Created page with "In the United States, the Miller Act (1935) is a federal law that requires contractors that are bidding on government construction projects to obtain a performance bond and a pay..."

2018-07-25T12:10:31Z

Created page with "In the United States, the Miller Act (1935) is a federal law that requires contractors that are bidding on government construction projects to obtain a performance bond and a pay..."

New page

In the United States, the Miller Act (1935) is a federal law that requires contractors that are bidding on government construction projects to obtain a performance bond and a payment bond that covers all labour and materials. This acts as a surety guaranteeing performance of their contractual duties as well as payment of subcontractors and suppliers.

It applies to all public works contracts that exceed $100,000. The Federal Acquisition Regulation can request additional protection or bonds on contracts that are between $25,000-100,000.

Several states have adapted the Act for use at the state level and are often referred to as ‘Little Miler Acts’.

The purpose of the Miller Act was to protect subcontractors, suppliers and second-tier claimants when working on government-owned projects, since a traditional lien was unable to protect them from non-payment. The United States Treasury issues certifications to qualified corporate surety companies that are able to issue the bonds.

The Act provides certain warranties to those performing and providing works, goods and services under the bonded contract. A civil action may be brought on the payment bond if the required payment has not been paid in full within 90 days of the duties being fulfilled.

= Find out more =

=== Related articles on Designing Buildings Wiki ===

* Advance payment bond.
* Bonds.
* Building codes.
* Contractor.
* Liens.
* Performance bond.
* Retainage.
* Surety.
* Warranty.

[[Category:International]] [[Category:Regulations]] [[Category:Contracts_/_payment]]