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Payment / Performance Bond review

Construction payment or performance bond under Miller Act + state Little Miller Acts. AIA A312 baseline.

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What it checks

Principal / surety / obligee identification

Bond must identify principal, surety, and obligee.

Critical · CON-020

Bond type — payment / performance / dual-obligee

Bond must clearly state whether it is a payment bond, performance bond, or dual.

Critical · CON-021

Penal sum

Bond must state the penal sum (maximum surety liability).

Critical · CON-022

Underlying contract incorporation

Bond must reference and incorporate the underlying construction contract.

Critical · CON-023

Claimant definition + notice procedure (payment bond)

Payment bonds must define claimants and the notice / suit procedure (Miller Act 90-day / 1-year deadlines).

Warning · CON-024

Performance-bond default + remedies

Performance bond must specify default mechanics — declaration of default, surety options (complete / pay / tender).

Warning · CON-025

Every run also applies 120 general checks that belong to any agreement: structure, parties and signatures, defined terms, cross-references, dates, amounts, and one-sided terms.

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