SBA Surety Bond Guarantee Program

Dilger, Robert Jay

Library of Congress. Congressional Research Service.

关键词: Surety and fidelity;    Insurance;    Liability (Law);   

RP-ID  :  R42037
RP-ID  :  R42037_2013Dec11

美国|英语

来源: UNT Digital Library

【 摘 要 】

This report examines the program's origin and development, including the decision to (1) 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; and (2) increase the program's bond limit.