Performance & payment bonds.
Every state we write.
The performance bond guarantees you’ll finish the job; the payment bond guarantees your subs and suppliers get paid. Public work almost always requires both, written at 100% of the contract value. Light RFP prices them at a flat 3% with a $275 minimum — the same rate for every contractor, with no credit-tier upcharge and up to $3M qualified on your credit alone, no audited financials. Pick your state below for its threshold and statute.
Alabama Performance & Payment Bond
Required for Alabama public works over $50K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyAlaska Performance & Payment Bond
Required for Alaska public works over $100K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyArizona Performance & Payment Bond
Required for AZ public works over $100K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyArkansas Performance & Payment Bond
Required for Arkansas public works over $50K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyColorado Performance & Payment Bond
Required for Colorado public works over $50K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyConnecticut Performance & Payment Bond
Required for CT public works over $100K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyDelaware Performance & Payment Bond
Required for Delaware public works under the state procurement code. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyDistrict of Columbia Performance & Payment Bond
Required for DC public works over $25K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyGeorgia Performance & Payment Bond
Required for GA public works over $250K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyHawaii Performance & Payment Bond
Required for Hawaii public works over $25,000. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyIdaho Performance & Payment Bond
Required for Idaho public works of $50K and up. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyIllinois Performance & Payment Bond
Required for IL public works over $150K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyIndiana Performance & Payment Bond
Required for Indiana public works of $200K or more. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyIowa Performance & Payment Bond
Required for Iowa public works at $25K+. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyKansas Performance & Payment Bond
Required for KS public works over $100K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyKentucky Performance & Payment Bond
Required for Kentucky public works over $40K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyLouisiana Performance & Payment Bond
Required for Louisiana public works over $25K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyMaine Performance & Payment Bond
Required for ME public works over $125K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyMaryland Performance & Payment Bond
Required for MD public works over $100K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyMichigan Performance & Payment Bond
Required for MI public works over $50K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyMinnesota Performance & Payment Bond
Required for Minnesota public works over $175K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyMississippi Performance & Payment Bond
Required for Mississippi public works under the state's Little Miller Act. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyMissouri Performance & Payment Bond
Required for MO public works over $50K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyMontana Performance & Payment Bond
Required for Montana public works over $50K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyNebraska Performance & Payment Bond
Required on Nebraska public works under §52-118. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyNevada Performance & Payment Bond
Required for Nevada public works over $100K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyNew Hampshire Performance & Payment Bond
Required for NH public works of $25,000 or more. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyNew Jersey Performance & Payment Bond
Required for NJ public works over $200K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyNew Mexico Performance & Payment Bond
Required for NM public works over $25K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyNew York Performance & Payment Bond
Required for NY public works over $100K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyNorth Carolina Performance & Payment Bond
Required for NC public works over $300K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyNorth Dakota Performance & Payment Bond
Required for North Dakota public works over $100K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyOhio Performance & Payment Bond
Required for Ohio public improvement contracts. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyOklahoma Performance & Payment Bond
Required for OK public works over $50K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyOregon Performance & Payment Bond
Required for Oregon public works over $100K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyRhode Island Performance & Payment Bond
Required for RI public works over $50K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applySouth Carolina Performance & Payment Bond
Required for South Carolina public works over $50K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applySouth Dakota Performance & Payment Bond
Required for SD public works over $50K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyTennessee Performance & Payment Bond
Required for TN public works over $100K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyUtah Performance & Payment Bond
Required for Utah public construction at 100% of the contract. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyVermont Performance & Payment Bond
Required on Vermont public works over $100K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyWisconsin Performance & Payment Bond
Required for Wisconsin public works under the Little Miller Act. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyWyoming Performance & Payment Bond
Required for WY public works over $150K. One flat 3% rate for every contractor — projects up to $3M on credit alone.
View bond details & applyBid bond vs performance bond
The two contract bonds do different jobs at different points in the same deal.
| Bid bond | Performance & payment bond | |
|---|---|---|
| Guarantees | You’ll sign the contract and furnish the final bonds | You’ll complete the work and pay your subs and suppliers |
| When | Submitted with your bid | Required after award, before work starts |
| Amount | 5–10% of the bid (20% federal, capped at $3M) | 100% of the contract value |
| Cost at Light RFP | $0no premium, no fee | Flat 3%$275 minimum |
| Credit | Soft pull only | Soft pull; up to $3M on credit alone, no audited financials |
The industry quotes performance bonds at 1–3% of contract value, but that range is a credit tier — thin-credit contractors pay the top of it, and often a minimum premium besides. Ours is the same 3% for everyone, and the bid bond that gets you there is free.
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