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Is a Payment Bond Required

Mississippi

We are selling material to a General Contractor for an airplane hangar being sold to a private company. The airplane hangar will be erected on property owned by the City of Laurel MS. Is the owner of the hangar required to have a payment bond? The project is less than $100k. Thank you.

1 reply

Jan 17, 2023

Thank you for reaching out. Check out this Levelset article that may address your question:   https://www.levelset.com/bond-claim/mississippi-bond-claim-faqs/  I hope you find your answer there, if not, you may visit our attorney directory page for Mississippi to find an attorney in your area. 

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