I am submitting comments on behalf of the National Association of Surety Bond Producers (NASBP), a national trade organization whose membership includes firms employing licensed surety bond producers placing bid, performance, and payment bonds throughout the United States and its territories. NASBP has a successful long-term working relationship with the SBA Office of Surety Guarantees and thoroughly believes that the SBA Surety Bond Guarantee Program (hereinafter “Program”) provides a valuable service to those emerging contractors who may otherwise fail to qualify for surety credit in the standard market.
Topic
Advocacy, Small and Disadvantaged Business Matters
Publish Date
July 23, 2019
Region
Federal
Audience
Owners
Resource Type
Comment Letter, Resource Map
NASBP Letter Addressing Locality Requirements in VA Bid Bond