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| SBA | RIN: 3245-AF77 | Publication ID: Spring 2011 |
| Title: Surety Bond Program Changes; Disaster and Miscellaneous Amendments | |
| Abstract: This rule implements the Food, Conservation and Energy Act of 2008 changes to the Surety Bond Guarantee Program. The proposed rule would allow SBA to issue bond guarantees on contracts up to $5 million and up to $10 million if the scope of the contract relates to a disaster area. These changes would improve the effectiveness and efficiency of the Surety Bond Guarantee Program, and broaden its reach to more businesses seeking bond guarantees. | |
| Agency: Small Business Administration(SBA) | Priority: Substantive, Nonsignificant |
| RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Completed Actions |
| Major: No | Unfunded Mandates: No |
| CFR Citation: 13 CFR 115 | |
| Legal Authority: 15 USC 687(b) | |
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Legal Deadline:
None |
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Timetable:
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| Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
| Federalism: No | |
| Included in the Regulatory Plan: No | |
| Public Comment URL: http://www.regulations.gov | |
| RIN Data Printed in the FR: No | |
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Agency Contact: Frank Lalumiere Director, Office of Surety Guarantees Small Business Administration 409 Third Street SW., Washington, DC 20416 Phone:202 205-6540 Email: frank.lalumiere@sba.gov |
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