On behalf of the National Association of Surety Bond Producers (NASBP)1, a national trade association of firms employing professional surety bond producers licensed and conducting business in Arkansas and throughout the country, I am contacting you regarding the proposed rule to Addendum 2, “Arkansas Rural Connect Broadband Grant Program (ARC),” specifically the Key Point section, which requires “internet service providers (ISPs) to obtain irrevocable letters of credit (ILOCs) for 100% of the grant award amounts disbursed to the ISP.”
Topic
Advocacy, Broadband
Publish Date
August 4, 2022
Region
Arkansas, States
Audience
Contractors, Owners
Resource Type
Comment Letter, Resource Map
NASBP Letter Addressing Locality Requirements in VA Bid Bond