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SBA Surety Bond Guarantee Program
This report examines the program's origin and development, including the decision to supplement the original Prior Approval Program with the Preferred Surety Bond Guarantee Program that provides a lower guarantee rate (70%) than the Prior Approval Program (80% or 90%) in exchange for allowing preferred sureties to issue SBA-guaranteed surety bonds without the SBA's prior approval. It also examines the program's eligibility standards and requirements, provides performance statistics, and concludes with a discussion of proposals to increase the program's $2 million bond limit and to merge the Prior Approval Program and the Preferred Surety Bond Guarantee Program while retaining the Preferred Program's more flexible operating requirements Bills: H.R. 2424, H.R. 4310, S. 1334
This package includes following files:
| # | File Name | Document Date | Order ID: | Number of Pages | Price | |
|---|---|---|---|---|---|---|
| 1 |
R42037.pdf
|
Dec 27, 2012 | R42037 | 28 | $29.95 | Add to Cart |
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