Directed surety occurs when owners designate a specific producer or surety company from which contractors must obtain surety bonds for a specific project or series of projects.
Who prohibits directed suretyship?
- The federal government prohibits directed suretyship on federal projects.
- 42 states have statutory prohibitions against directed suretyship.
The state Anti-Directed Surety Statute citation is shown below. A version of this resource in chart form is available here.
Okla. Stat. tit. 61 § 135 (public buildings and public works)
Okla. Stat. tit. 69 § 1734 (roads bridges and ferries)
For more information, contact Larry LeClair.
Topic
Advocacy
Publish Date
November 5, 2024
Region
Oklahoma
Audience
Agents, Contractors, Owners, Sureties
Resource Type
Anti-Directed Surety Statutes, Resource Map
Transportation Construction Coalition urges Congress to fund FY 2026 surface transportation programs at previously authorized levels.