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SBA RIN: 3245-AG14 Publication ID: Spring 2011 
Title: Surety Bond Guarantee Program: Timber Sales 
Abstract: The Forest Service of the U.S. Department of Agriculture manages the National Forest System, and may permit the harvesting of timber on National Forest System lands in exchange for the payment of an agreed upon sum of money. Under regulations issued by the Forest Service, these timber sales contracts may require the purchaser to furnish a performance bond for satisfactory compliance with its terms. The Small Business Administration (SBA) amended its Surety Bond Guarantee Program rules to guarantee performance bonds for timber sales contracts awarded by the Federal Government, individual Sates or local government, or other public or commercial entities. 
Agency: Small Business Administration(SBA)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: 13 CFR 115 and 121   
Legal Authority: 15 USC 687(b), 687(c), 694(b), 694(b) note   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  10/15/2010  75 FR 63419   
NPRM Comment Period End  11/15/2010    
Final Rule  02/23/2011  76 FR 9962   
Final Rule Effective  03/25/2011    
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: Businesses  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Barbara J. Brannan
Management Analyst, Office of Surety Guarantees
Small Business Administration
Washington , DC 20416
Phone:202 205-6545
Email: barbara.brannan@sba.gov