SBA proposes higher surety bond guarantees
by Wally Northway Published: May 7,2010
Tags: disasters, SBA, small businesses
WASHINGTON — The U.S. Small Business Administration (SBA) has proposed changes, including higher surety bond guarantee limits, that will help construction and service sector firms secure larger contracts for work in areas impacted by disasters. The proposed changes include: • For a non-federal contract or order up to $5 million, a bond guarantee may be [...] [...]
