Wyoming Public Construction Bonds

Wyoming requires surety security when public-entity public work contracts over $150,000; bond securing performance and payment; at or below $150,000, the public entity may accept another approved guarantee. Wyoming state capital construction contracts over $50,000 have a separate 100% performance and payment bond rule; the state may accept another satisfactory form of surety.

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.

Wyoming Surety Bonds Requirements

RequirementDetails
Public construction securityPublic-entity public work contracts over $150,000; bond securing performance and payment; at or below $150,000, the public entity may accept another approved guarantee. 1

What Should You Watch for With Surety Bonds in Wyoming?

  • Check the Wyoming Contract Trigger

    Wyoming law triggers public-work security when public-entity public work contracts over $150,000. Bond securing performance and payment; at or below $150,000, the public entity may accept another approved guarantee 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

  • Wyoming Has Another Bond Rule for This Work

    Wyoming state capital construction contracts over $50,000 have a separate 100% performance and payment bond rule; the state may accept another satisfactory form of surety. Before binding the surety, match the required obligee, bond form, and covered obligation to this separate rule. 2

  • Match the Solicitation’s Bond Form

    The Wyo. Stat. §16-6-112 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 Wyoming work. 1,2

Which Surety Bonds Providers Have Wyoming License Records?

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

  • TechInsurance

    Insurance producer · checked 2026-09-28

    Specialty Program Group LLC

    TechInsurance’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. 13

    TechInsurance arranges surety bonds for small businesses.

Who Regulates Insurance in Wyoming?

Wyoming Department of Insurance

The Wyoming Department of Insurance administers Wyoming insurance laws, oversees insurers and insurance producers within its authority, and provides regulatory and consumer resources. You can use the department's complaint process to raise an insurance issue and its licensing resources to check insurance professionals. 3,4,5

Surplus-Lines Tax and Stamping Office in Wyoming

Reported tax rate. 3% of premium 6,7

The NAIC's state chart lists a 3% of premium charge for surplus-lines coverage for Wyoming (the chart's state entries were reviewed in October 2025). Your broker may collect the applicable amount with the premium. Surplus-lines insurers are not licensed in the state and generally are outside state guaranty-association protection; ask your broker to explain the insurer's financial protections and any diligent-search requirement that applies to your placement.

What Should You Ask Before Buying Surety Bonds in Wyoming?

  1. Which Wyoming 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 Wyoming?
  3. What notice, filing, and claim deadlines should our subcontractors and suppliers track under this bond?

Surety Bonds in Wyoming: Frequently Asked Questions

When does a Wyoming public construction project require a surety bond?

Public-entity public work contracts over $150,000. Bond securing performance and payment; at or below $150,000, the public entity may accept another approved guarantee 1

Does Wyoming have another bond requirement beyond the public construction bond?

Yes. Wyoming state capital construction contracts over $50,000 have a separate 100% performance and payment bond rule; the state may accept another satisfactory form of surety. 2

Surety Bonds Guides for Other States

Other coverage in WyomingEvery coverage guide for Wyoming, plus the regulator and surplus-lines details.

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.

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