In Maine, contractors are licensed locally, not at the state level. Obtaining a contractor license bond may be a prerequisite for local licensing. Maine’s “Little Miller Act” requires performance bonds and payment bonds for state-funded construction projects valued above $125,000. Private project owners may have similar performance and payment bonding requirements.
Other construction bonds that may be required by both public and private project owners include:
- Maintenance bonds
- Subdivision/site improvement bonds
- Supply bonds
- Solar decommissioning bonds
- Right of Way bonds
