Download or read book S 836 Amendments to the SBA s Surety Bond Program written by United States. Congress. Senate. Select Committee on Small Business and published by . This book was released on 1978 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book S 836 Amendments to the SBA s Surety Bond Program written by United States. Congress. Senate. Select Committee on Small Business and published by . This book was released on 1978 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book S 836 Amendments to the SBA s Surety Bond Program written by United States. Congress. Senate. Select Committee on Small Business and published by . This book was released on 1978 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book S 836 Amendments to the SBA s Surety Bond Program written by United States. Congress. Senate. Select Committee on Small Business and published by . This book was released on 1978 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Hearings Reports and Prints of the Senate Select Committee on Small Business written by United States. Congress. Senate. Select Committee on Small Business and published by . This book was released on 1978 with total page 1096 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Monthly Catalog of United States Government Publications written by and published by . This book was released on 1978 with total page 1320 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Monthly Catalogue United States Public Documents written by and published by . This book was released on 1978 with total page 2248 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Federal Information Processing Standards Publication written by and published by . This book was released on with total page 1228 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Sba Surety Bond Guarantee Program written by Congressional Research Congressional Research Service and published by CreateSpace. This book was released on 2014-12-05 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Small Business Administration's (SBA's) Surety Bond Guarantee Program is designed to increase small businesses' access to federal, state, and local government contracting, as well as private-sector contracts, by guaranteeing bid, performance, and payment bonds for small businesses that cannot obtain surety bonds through regular commercial channels. The program guarantees individual contracts of up to $6.5 million, and up to $10 million if a federal contracting officer certifies that such a guarantee is necessary. The SBA's guarantee ranges from 70% to 90% of the surety's loss if a default occurs. In FY2014, the SBA guaranteed 12,384 bid and final surety bonds with a total contract value of about $6.4 billion. A surety bond is a three-party instrument between a surety (who agrees to be responsible for the debt or obligation of another), a contractor, and a project owner. The agreement binds the contractor to comply with the contract's terms and conditions. If the contractor is unable to successfully perform the contract, the surety assumes the contractor's responsibilities and ensures that the project is completed. Surety bonds are viewed as a means to encourage project owners to contract with small businesses that may not have the credit history or prior experience of larger businesses and are considered to be at greater risk of failing to comply with the contract's terms and conditions. P.L. 112-239, the National Defense Authorization Act for Fiscal Year 2013, increased the program's bond limit, which had been $2 million since 2000, and was temporarily increased, from February 17, 2009, through September 30, 2010, to $5 million, and up to $10 million if a federal contracting officer certified in writing that a guarantee in excess of $5 million was necessary. Advocates of raising the program's bond limit argued that doing so would increase contracting opportunities for small businesses and bring the limit more in line with limits of other small business programs, such as the 8(a) Minority Small Business and Capital Ownership Development Program and the Historically Underutilized Business Zone (HUBZone) Program. Opponents argued that raising the limit could lead to higher amounts being guaranteed by the SBA and, as a result, increase the risk of program losses. This report examines the program's origin and development, including the decisions to (1) supplement the original Prior Approval Program with the Preferred Surety Bond Guarantee Program that provides a lower guarantee rate (not to exceed 70%) than the Prior Approval Program (not to exceed 80% or 90%, depending on the size of the contract and the type of small business) in exchange for allowing preferred sureties to issue SBA-guaranteed surety bonds without the SBA's prior approval; and (2) increase the program's bond limit.
Download or read book Congressional Record Index written by and published by . This book was released on 1977 with total page 2640 pages. Available in PDF, EPUB and Kindle. Book excerpt: Includes history of bills and resolutions.
Download or read book CIS Annual written by and published by . This book was released on 1994 with total page 848 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Cumulative Index of Congressional Committee Hearings not Confidential in Character written by and published by . This book was released on 1977 with total page 858 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Government Procurement from Small and Small Disadvantaged Businesses Public Law 95 507 and Accompanying Reports written by United States. Congress. House. Committee on Small Business and published by . This book was released on 1980 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book CIS Four year Cumulative Index written by Congressional Information Service and published by . This book was released on 1975 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Congressional Record written by United States. Congress and published by . This book was released on 2002 with total page 1924 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Congressional Record is the official record of the proceedings and debates of the United States Congress. It is published daily when Congress is in session. The Congressional Record began publication in 1873. Debates for sessions prior to 1873 are recorded in The Debates and Proceedings in the Congress of the United States (1789-1824), the Register of Debates in Congress (1824-1837), and the Congressional Globe (1833-1873)
Download or read book Congressional Record written by United States. Congress and published by . This book was released on 1993-01-05 with total page 1506 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book United States Code Congressional and Administrative News written by United States and published by . This book was released on 1979 with total page 2220 pages. Available in PDF, EPUB and Kindle. Book excerpt: