Accept Cookies?
Print Page   |   Contact Us   |   Sign In   |   Register
Search
Small & Emerging Contractors

 

What's New: Government Affairs

Regulations to Implement New Federal Law on Bond Guarantees Stalled

Friday, July 28, 2017  
 

Regulations to Implement New Federal Law on Bond Guarantees Stalled

The U.S. Small Business Administration’s (SBA) proposed rules to implement a change in the law that increased the guarantee percentage for the Preferred Surety Bond Guarantee Program (PSB) from not more than 70% to not more than 90% of the losses appear to have stalled in the wake of the Trump Administration’s regulatory freeze. SFAA worked with the Coalition in 2015 to obtain the statutory revisions on this issue. Final regulations have not been issued to date and it is not clear when any action will occur.

Members should visit Government Relations / General Info (Members) for more information.

1140 19th Street, NW, Suite 500 · Washington, DC 20036-6617
Phone: 202-463-0600 · Fax: 202-463-0606

Contact Us

 

Follow SFAA: TwitterFacebookLinkedInRSS FeedSFAA NewsFlash

- Legal Notices and Disclaimers -

 

Copyright © 2017 The Surety & Fidelity Association of America