Surety Bond Professionals is a family-owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your Wyoming surety bond needs.
Wyoming Construction & Contractor Bonds
Wyoming has its own version of the federal Miller Act that mandates the purchase of performance and payment bonds for federally funded construction projects valued at more than $100,000. Wyoming’s “Little Miller Act” requires the purchase of a surety bond in the full amount of the project for public works contracts valued in excess of $7,500. State-funded projects valued at more than $100,000 require a surety bond (or another acceptable guarantee for at least 50% of the project value).
Wyoming License & Permit Bonds
Wyoming licenses a number of occupations and businesses at the state level. In many cases, purchasing a surety bond is a requirement for licensing. For example, Wyoming requires a license and permit bond from money transmitters, mortgage lenders and brokers, motor vehicle dealers, collection agencies, and more. Some municipalities have their own licensing and bonding requirements for certain types of work.
Wyoming Court Bonds
Throughout the state of Wyoming, courts at any level can require certain individuals to obtain either an appeal bond or a probate bond. Anyone appealing a court decision, particularly one involving contested property or a large damage award, may be required to purchase an appeal bond. And an individual appointed to serve in a fiduciary capacity to manage the finances of another (e.g. the executor of an estate or guardian of a minor) may need to purchase a probate bond.
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