NASBP Comment Letter to the FCC to Consider Using Surety Bonds as a Risk Management Measure – 06/23/20

The National Association of Surety Bond Producers (NASBP) is a national trade association whose members specialize in providing surety bonds for construction contracts and other purposes to companies and individuals needing the assurance offered by surety bond. NASBP members engage in contract and commercia surety production throughout the United States, Puerto Rico, Guam, and a number of other countries.

In the captioned proposed rule, the Commission seeks comment on whether the 5G Fund for Rural America should use alternate risk management measures as a means to reduce the burdens of the letters of credit (LOC) requirement.

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