- What is the Miller Act?
The Miller Act is a U.S. federal law that requires contractors on certain federal construction projects to provide performance and payment bonds. This legislation is designed to protect subcontractors and suppliers by ensuring they are compensated for their work and materials if the primary contractor fails to meet their obligations.
It is administered by various federal agencies that oversee construction contracts. The Act provides a formal process for making and resolving claims. The Miller Act plays a crucial role in the construction industry by safeguarding the interests of subcontractors and suppliers working on federal projects, and ensuring the completion and proper performance of federal construction contracts.
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Every state has specific regulations for construction payments. Discover the necessary guidelines and laws related to your specific state.
Follow our informative guides to ensure that you get paid quicker and protect your assets.
