Understanding & Acquiring Bonding

Keynote: Jennifer Black, MBA

Office of Surety Guarantees

US Small Business Administration

Headquarters Washington, DC

• The Small Business Administration (SBA) guaran­tees bid, performance, and payment surety bonds issued by certain surety companies
• Under its SBG program, the SBA guarantees bid, pay­ment, and performance bonds for small and emerging contractors who cannot obtain surety bonds through regular commercial
• SBA guarantees contracts up to $10 million, including the streamlined application for those up to $400,000.
• The S. Small Business Administration announces the first fee decrease in Surety Bond Guarantees in 12 years.
• The program is currently outperforming its previous year results yielding nearly $1.7 billion in the final bond contract
• The S. Small Business Administration is offering new, free tools for new and established small business exporters to help them grow and succeed in interna­tional trade.

Did You Know!

All Trades: Including Constructors Architects * Engineers * Residential Builders* Specialty Contractors* Small Business Owners * Supporters, etc.