Position Briefs

To pursue legislative and regulatory objectives, the NASBP Government Relations team has developed position briefs on issues of concern to NASBP and for use during NASBP visits to Congressional offices.
  • Understanding the Differences between Performance and Payment Bonds and Project Completion Services Agreements is a two-page, easy-to-understand document that discusses the differences between contract bonds and a project completion services agreement. ...

  • Managing Subcontractor Risks of Non-Performance and Financial Failure: A Flash Guide to Subcontractor Bonds and Subcontractor Default Insurance is a two-page, easy-to-understand document that discusses the differences between subcontractor bonds and subcontractor ...

  • Amendments to Federal Regulations Provide Contracting Officers a New Cudgel with Which to Threaten Treasury Listed Sureties--This article is an excerpt from the Surety Claims Institute Newsletter Vol. 47, January 2015, No. 1. pp. 2225. and republished ...

  • Learn how to avoid becoming a victim of bond fraud. This is Part 2 of NASBP General Counsel Martha L. Perkins' article. Part 2 was published in the Winter 2015 newsletter of the Fidelity and Surety Law Committee of the American Bar Association's Tort ...

  • Learn how to avoid becoming a victim of bond fraud. This is Part 1 of NASBP General Counsel Martha L. Perkins' article. All construction industry stakeholders can and should combat surety fraud by taking steps to verify the legitimacy of the surety and ...