Director, Office of Surety Guarantees

3245-AI06 202504 Unified Agenda of Federal Regulatory and Deregulatory Actions 3245 Small Business Administration SBA Regulatory Reform Initiative: Streamlining and Modernizing the Surety Bond Guarantee Program

The Office of Surety Guarantees (OSG) will publish a final rule streamlining and modernizing the Surety Bond Guarantee Program. This rule will reduce the file retainage and form submission burden of participating surety companies, correct conflicting provisions, as well as revise the obsolete preferred surety admissions requirements and the Quarterly Contract Completion Report.

]]> Substantive, Nonsignificant Previously Published in The Unified Agenda Final Rule Stage No No Deregulatory 13 CFR 115.11 13 CFR 115.30 13 CFR 115.33 13 CFR 115.19 13 CFR 115.60 13 CFR 115.65 13 CFR 115.32 13 CFR 115.22 15 U.S.C. 694(b) No NPRM 11/19/2024 89 FR 91284 NPRM Comment Period End 01/21/2025 Final Action 07/00/2025 No None No No No No Jermaine Perry Director, Office of Surety Guarantees 3245 Small Business Administration SBA 202 401-8275 jermaine.perry@sba.gov 409 3rd Street SW, Washington DC 20416