Indiana Public Works Bid Bond
What it is & who requires it
Contractors bidding on an Indiana state public-works project estimated above $200,000 must submit a bid bond in the percentage of estimated cost the awarding director requires.
Obligee: Indiana political subdivisions and state agencies (public-works boards). Citation: IC 4-13.6-7-5.
Bond amount
State public works: bid bond mandatory with bids on projects estimated above $200,000, discretionary at or below; the amount is any percentage of estimated cost the director requires (IC 4-13.6-7-5). Local practice commonly specifies 5% of the bid.
How to get it
This bond is individually underwritten, so it is not issued instantly. Request a quote and a licensed producer follows up to walk you through it.
Request a bond quote
Tell us about the bond and the project. A licensed producer follows up — these bonds are individually underwritten, so they are not issued instantly.
Term & renewal
Term: Per project (submitted with the bid)
Renewal: Per bid
Filing
Submitted with your bid on an Indiana state public-works project estimated above the statutory threshold (discretionary at or below it). The amount is the percentage of estimated cost the awarding director requires; local practice commonly specifies five percent of the bid. Authority: IC 4-13.6-7-5.
Source
Verified against the obligee source (last checked 2026-06-04).
Related Indiana bonds
Frequently asked questions
- Who requires the Indiana Public Works Bid Bond?
- It’s required by Indiana political subdivisions and state agencies (public-works boards) (IC 4-13.6-7-5). Contractors bidding on an Indiana state public-works project estimated above $200,000 must submit a bid bond in the percentage of estimated cost the awarding director requires.
- How much is the Indiana Public Works Bid Bond?
- State public works: bid bond mandatory with bids on projects estimated above $200,000, discretionary at or below; the amount is any percentage of estimated cost the director requires (IC 4-13.6-7-5). Local practice commonly specifies 5% of the bid.
- How do I get the Indiana Public Works Bid Bond?
- This bond is individually underwritten, so it is not issued instantly. Request a quote and a licensed producer follows up to walk you through it.
- What is the term?
- Per project (submitted with the bid) Renewal: Per bid
- Is this bond insurance for me?
- No. It protects the obligee and the public — not you. If a valid claim is paid, you repay the surety.
- How is this requirement verified?
- We verify it against the obligee’s primary source (last checked 2026-06-04); the source link is on this page.
