SBA Announces Decrease in Surety Bond Guarantee Fees
… ending September 30, 2019. The Surety Bond Guarantee (SBG) program is reducing the Surety fee from 26 percent to 20 … thousand dollars of the contract amount. “Reducing the SBG program fees will not only directly help small businesses, … thereby, assists small businesses in obtaining greater access to contracting opportunities. Currently, there are 34 …