Indiana Public Works Performance Bond
What it is & who requires it
Contractors awarded an Indiana public-works contract above $200,000 must post a performance bond equal to the contract price for the public board or state agency.
Obligee: Indiana political subdivisions and state agencies (public-works boards). Citation: IC 36-1-12-14; IC 4-13.6-7-7.
Bond amount
Equal to the contract price. Mandatory on public works above $200,000 (local boards: IC 36-1-12-14(e); state agencies: IC 4-13.6-7-7 at 100% of total contract price). Local: surety not released until one year after the board’s final settlement.
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
Renewal: Per project
Filing
Required on Indiana public-works contracts above the statutory threshold, posted for the awarding political subdivision or state agency and equal to the contract price. On local projects the surety is not released until one year after the board’s final settlement. Authority: IC 36-1-12-14; IC 4-13.6-7-7.
Source
Verified against the obligee source (last checked 2026-06-04).
Related Indiana bonds
Frequently asked questions
- Who requires the Indiana Public Works Performance Bond?
- It’s required by Indiana political subdivisions and state agencies (public-works boards) (IC 36-1-12-14; IC 4-13.6-7-7). Contractors awarded an Indiana public-works contract above $200,000 must post a performance bond equal to the contract price for the public board or state agency.
- How much is the Indiana Public Works Performance Bond?
- Equal to the contract price. Mandatory on public works above $200,000 (local boards: IC 36-1-12-14(e); state agencies: IC 4-13.6-7-7 at 100% of total contract price). Local: surety not released until one year after the board’s final settlement.
- How do I get the Indiana Public Works Performance 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 Renewal: Per project
- 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.
