The National Association of Surety Bond Producers (NASBP), a national trade association of surety bond producers, including licensed resident and nonresident agents conducting business in Virginia, appreciates the opportunity to provide written comments to the Committee created by the Virginia Department of Transportation (VDOT) to review and to provide recommendations about the payment and performance bond threshold for Virginia transportation projects.
Topic
Advocacy, Payment Bond, Performance Bond
Publish Date
October 4, 2011
Region
States, Virginia
Audience
Owners
Resource Type
Comment Letter, Resource Map
NASBP opposes SB 436, legislation to increase the bond threshold for counties.