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, … Director of the Office of Surety Guarantees. Under its SBG program, the SBA guarantees bid, payment and performance …