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Public Works

Public Works

Performance & Payment Bonds for Public Works: 2026 Guide

Performance and payment bonds for public works in 2026: Miller Act thresholds, 0.5-3% premium rates, and how small contractors build bonding capacity.

Danny Reeves · 2026-08-20

Key Metrics

Federal construction spending

$62.2B

FY2026

Public Construction Spending ($B, monthly)

All Public Works coverage44 articles