Miller surety bond threshold to increase on DOD work

0
394

Effective Oct. 1, 2010, the threshold increases to $150,000, up from $100,000, on Department of Defense construction contracts for which Miller Act surety bonds are required.

Federal law requires regulators to adjust acquisition-related thresholds for inflation every five years. The final rule was published on Aug. 2, 2010. For more information see Federal Register Here. Additional discussion found at www.fedgovcontracts.com.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.