On February 6, NASBP testified in opposition to SB 377, a bill to extend the sunset date for the law allowing individual sureties to write bonds on public projects without a certificate ...
NASBP developed the Frequently Asked Questions from Bond Producers About their Role in the Contract Bond Claims Process in response to the stated interest of its Members, Associates, ...
This Agenda describes important government relations activities and initiatives, grouping them in three categories: (1) top priorities, (2) emerging issues, and (3) “watch list” issues. #Legislation ...
On September 30, 2013, NASBP sent comments to Stanislaus County, CA requesting they remove the long term warranties they placed in the project's proposed contract. In the proposed contract ...
On September 27, 2013, NASBP sent a letter to the Small Business Administration supporting reforms made to the Surety Bond Guarantee Program as a result of the 2013 enactment of the ...
On September 12, 2013, NASBP submitted comments to the Minnesota Department of Transportation regarding definitional changes made to performance and payment bonds that did not comport ...
On August 16, 2013, NASBP submitted comments to the Contracting Officer of a Cliffside Gas Field Project in Amarillo, Texas. NASBP stated the liquidated damages ($357,096.00 for each ...
On August 27, 2013, NASBP submitted the attached comment letter to the Chair of Cuyahoga County's Council Committee on Public Works, Procurement & Contracting. This committee had introduced ...
On August 2, 2013, NASBP delivered a letter to the Maryland members of the National Conference of State Legislators' Natural Resources & Infrastructure Committee regarding their publication ...
NASBP has become aware that surety trust arrangements currently are being marketed as an effective alternative to surety bonds. The marketing materials for these trust arrangements ...