What Does Miller Act of 1935 Mean?

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What does Miller Act of 1935 mean? Read on to discover the definition & meaning of the term Miller Act of 1935 - to help you better understand the language used in insurance policies.

Miller Act of 1935

Miller Act of 1935

The Miller Act is a federal statute that requires contractors to furnish payment and performance bonds in conjunction with the construction, alteration, or repair of public buildings. The Act applies to federal contracts exceeding $100,000.

We hope the you have a better understanding of the meaning of Miller Act of 1935.

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