Get Started

Oklahoma Public Construction Bonds

Oklahoma requires surety security when public construction contracts exceeding $100,000; bond with good and sufficient sureties for at least the total contract amount. Oklahoma’s Capital Assets Management guidance says a state-agency bid bond is generally 5% unless the solicitation sets another amount; follow the specific bid notice. 1,2

What Is Surety Bonds?

A surety bond guarantees that your business meets a specific obligation to a customer, contracting party or government agency. If a contract, license or permit requires one, get its exact form and amount; a bond is not insurance for your own losses. Read the national Surety bonds guide.

Oklahoma Requirements

RequirementDetails
Public construction securityPublic construction contracts exceeding $100,000; bond with good and sufficient sureties for at least the total contract amount. 1

What to Watch for in Oklahoma

  • Check the Oklahoma Contract Trigger

    Oklahoma law triggers public-work security when public construction contracts exceeding $100,000. Bond with good and sufficient sureties for at least the total contract amount Ask the contracting agency to confirm whether your project falls under this rule and to state the bond penal sum in the bid documents. 1

  • Oklahoma Has Another Bond Rule for This Work

    If your award is from a federal agency, the Miller Act adds a separate performance and payment bond requirement for covered federal construction contracts over $100,000. The state bond does not replace that federal obligation. Request a separate federal bond form if the contracting officer requires it. 2

  • Match the Solicitation’s Bond Form

    The Oklahoma Statutes, Title 61, §1 governs this statutory obligation, while the project solicitation identifies the obligee, filing deadline, and any bid-security details. Get the final form approved before the bid date and confirm that the named surety is authorized for Oklahoma work. 1,2

Who Regulates Insurance in Oklahoma

Oklahoma Insurance Department

OID's Licensing Division oversees new and renewed producer, adjuster, and business-entity licenses. Its consumer assistance process takes insurance complaints and requests for help; the licensee lookup displays license status and expiration. 3,4,5

Surplus-lines tax and stamping office

Reported tax rate: 6% of premium and fees, plus 0.175% SLAS transaction fee For Oklahoma-home-state placements, OID says the 6% surplus-lines tax base includes premium and fees; SLIP also bills a 0.175% SLAS transaction fee. Oklahoma law requires a policy notice that surplus-lines coverage has no guaranty-association protection, so ask your broker to itemize the tax and transaction fee. 6,7,8

Providers With Documented State Licenses

These providers publish a national listing for Surety bonds; the state records document licenses for the entities and roles shown below. Some records rely on company-reported information rather than independent regulator verification. A national listing does not confirm the product is available in Oklahoma. Check the regulator’s license lookup and confirm state availability for your business when requesting a quote.

  • TechInsuranceSpecialty Program Group LLCInsurance producer · checked 2026-09-28TechInsurance’s current licensing page names Specialty Program Group LLC / SPG Insurance Solutions and lists state license numbers, but labels Rhode Island “Individual licenses” rather than identifying a license for the named agency. RI is omitted because this disclosure does not establish agency authority there; this is a search limitation, not an assertion that the company is unlicensed. The remaining state entries are company-reported and are not an insurance product availability map. 14

Questions to Ask Before You Buy in Oklahoma

  1. Which Oklahoma statute or procurement rule triggers this bond for our project, and what is the exact penal sum?
  2. Will the obligee accept another form of security, and who must approve that substitution in Oklahoma?
  3. What notice, filing, and claim deadlines should our subcontractors and suppliers track under this bond?

Surety Bonds in Oklahoma: FAQ

When does a Oklahoma public construction project require a surety bond? 1

Public construction contracts exceeding $100,000. Bond with good and sufficient sureties for at least the total contract amount 1

Does Oklahoma have another bond requirement beyond the public construction bond? 2

Yes. If your award is from a federal agency, the Miller Act adds a separate performance and payment bond requirement for covered federal construction contracts over $100,000. The state bond does not replace that federal obligation. 2

Surety Bonds in Other States

Other Coverage in Oklahoma

Sources

  1. Oklahoma Statutes, Title 61. Oklahoma Legislature; §§61-1 to 61-2: public works bond amount, filing, and claimant action. Accessed 2026-09-29.
  2. 40 U.S.C. §3131, Bonds of Federal Public-Works Contractors. U.S. Congress, Office of the Law Revision Counsel; §3131(b): performance and payment bonds for federal public works contracts over $100,000. Accessed 2026-09-29.
  3. oklahoma insurance regulator. State insurance regulator; OID identifies its licensing division's licensing and education responsibilities and consumer-assistance links. Accessed 2026-09-28.
  4. OID Licensee Look Up. State insurance regulator; Instructions: choose Oklahoma, LICENSEE, and individual or business entity; search status, expiration, appointments, and license details. Accessed 2026-09-28.
  5. OID File an Online Complaint. State insurance regulator; Official online Request for Assistance/complaint filing instructions and submission form. Accessed 2026-09-28.
  6. Financial FAQs. Oklahoma Insurance Department; Current OID FAQ states the surplus-lines tax is 6% of premium plus policy fees; quarterly remittance. Accessed 2026-09-28.
  7. Bulletin No. 12-2023. Oklahoma Insurance Department; For policies and endorsements effective on or after Jan. 1, 2024: 6% surplus-lines tax plus 0.175% SLAS transaction fee, paid through SLIP. Accessed 2026-09-28.
  8. Oklahoma Statutes, Title 36 §1109. Oklahoma Senate; Policy must carry bold declaration-page notice that surplus-lines contracts are not subject to any guaranty association protection in liquidation or receivership. Accessed 2026-09-28.
  9. Licenses. At-Bay; Current producer introduction and state table; At-Bay Insurance Services LLC; P&C and surplus-lines identifiers. Accessed 2026-09-21.
  10. Licenses and Carriers. Coalition; Licenses and Carriers, re-read 22 September 2026: Insurance Licenses table for Coalition Insurance Solutions, Inc., national producer number 18419475, with producer and surplus-lines numbers for all 50 states and DC including California 0L76155, Georgia 196479, Texas 2199630 and 2205589, Pennsylvania 815731 and 817452, Colorado 539028 and Wisconsin 3000108852. Insurance Carriers table naming, with NAIC numbers, Allianz Underwriters Insurance Company 36420, Arch Specialty Insurance Company 21199, Ascot Specialty Insurance Company 45055, Ascot Insurance Company 23752, Aspen Specialty Insurance Company 10717, Chaucer Insurance Company DAC, Coalition Insurance Company 29530, Fireman's Fund Indemnity Corporation 11380, Fortegra Specialty Insurance Company 16823, Lloyd's of London, MSIG Specialty Insurance USA Inc. 34886, MS Transverse Specialty Insurance Company 41807, Steadfast Insurance Company 26387, Vantage Risk Specialty Insurance Company 16275 and Zurich American Insurance Company 16535. Accessed 2026-09-22.
  11. Insurance Producer Licenses. Corgi Insurance; Current complete Insurance Producer Licenses table for Corgi Insurance Services, Inc.; 50 rows covering 49 states and DC (DC 3003091619); no New Mexico row; no NPN or as-of date shown. Accessed 2026-09-28.
  12. About Hiscox US Insurance. Hiscox; Hiscox Insurance Company Inc. NAIC 10200 as Chicago, IL domiciled insurer admitted or licensed in all 50 states and D.C.; Hiscox Inc. as general agent and Lloyd’s coverholder for Syndicates 33 and 3624; surplus-lines placements through licensed surplus-lines brokers; A.M. Best rating statement. Accessed 2026-09-16.
  13. Licenses. ERGO NEXT Insurance; Current entity-by-state license table reopened 28 September 2026: 50 rows under Next First Insurance Agency, Inc., including Washington, DC; New York rows instead list Next Insurance Services PC-1423070 and AP Intego BR-1198885. Accessed 2026-09-28.
  14. Insurance Licenses by State. TechInsurance; Current state table; identifies TechInsurance as a division of Specialty Program Group LLC d/b/a SPG Insurance Solutions; lists DC 3000041536 and labels Rhode Island “Individual licenses,” without an agency license number. Accessed 2026-09-28.
  15. Licenses. Vouch; Effective 16 January 2025: Vouch Specialty Insurance Services, LLC, NPN 19926463; P&C table (50 states and DC); surplus-lines table includes Idaho 870820; footnote says Georgia and Idaho do not issue agency-level surplus-lines licenses; Idaho retained as producer-only due to conflict. Accessed 2026-09-15.

Updated .

This guide is informational and does not determine whether a policy is available or meets your needs. Editorial policy. To suggest a correction, contact Spot with a supporting source.

Get Help With Insurance Buying and Renewals.

Get help buying coverage and managing renewals, with less paperwork for your team. Start with a free consultation.

Talk to Spot