2016 National Defense Authorization Act Boosts Surety Bond Amounts

February 28, 2016

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AR professionals whose companies supply products or services to federal projects, such as major construction jobs, need to be aware of the Miller Act as well as recent related legislation that affects the amounts of surety bonds.Background on the Miller ActIn a nutshell, the Miller Act (Title 40 of the United States Code) of 1935...

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