SMALL BUSINESS ADMINISTRATION ISSUES NOTICE: SURETY BOND GUARANTEE PROGRAM FEES

WASHINGTON, Oct. 30 -- Small Business Administration has issued a notice called: Surety Bond Guarantee Program Fees.

The notice was published in the Federal Register on Oct. 30 by Thomas Kimsey, Associate Administrator, Office of Capital Access.

Summary: This document announces a change in the guarantee fees that the U.S. Small Business Administration (SBA) charges all Prior Approval (Plan A) Surety companies and Principals on each guaranteed bond (other than a bid bond) issued in SBA's Surety Bond Guarantee (SBG) Program; with the exception of projects under NAICS Code 31, 32, 33: Manufacturing.

For more information, contact Jermaine Perry, Director, Office of Surety Guarantees, 202/401-8275; [e-mail].

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