Miller Act
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.
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 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 projects from non-payment. The United States Treasury issues certifications to qualified corporate surety companies that are able to issue the bonds.
[edit] Related articles on Designing Buildings Wiki
Featured articles
Check out some of the best features and news from Designing Buildings as well as key stories from around the web.
Historic England publishes research into embodied carbon when retrofitting traditional buildings.
New Prime Minister delivers on ECA call for cut in electricity costs.
CIOB reacts to the announcement of Andy Burnham as Prime Minister.
Heritage and conservation science workforce survey - Have your say.
England's Suburbs 1820-2020. Book review.
New, more proportionate and targeted approach for higher-risk building assessments.
Government brings British Steel into public ownership.
UKCW Birmingham returns with bold new theme and focus.
New guidance published on competence requirements for self-certification schemes.
Construction Management, 8 July
NEETs crisis drives interest in trades, but apprenticeships barriers remain.
Passive fire protection webinar
MEP services penetration seals.
Where its at podcast (and video) - The role of the Architectural Technologist as an Expert Witness.