{"id":289,"date":"2013-02-07T05:18:45","date_gmt":"2013-02-07T05:18:45","guid":{"rendered":"http:\/\/suretyone.com\/blog\/?p=289"},"modified":"2017-01-03T16:20:46","modified_gmt":"2017-01-03T16:20:46","slug":"sba-surety-bond-guarantee-program-higher-limits","status":"publish","type":"post","link":"https:\/\/suretyone.com\/blog\/sba-surety-bond-guarantee-program-higher-limits\/","title":{"rendered":"SBA surety bond guarantee program higher limits."},"content":{"rendered":"<p>The Small Business Administration\u2019s (SBA\u2019s) <a title=\"SBA bond guarantee program\" href=\"http:\/\/www.sba.gov\/surety-bonds\" target=\"_blank\">Surety Bond Guarantee Program<\/a> was designed to\u00a0increase small businesses\u2019 access to federal, state, and local government contracting, as well as\u00a0private-sector contracts, by guaranteeing <a title=\"Surety One contract surety page\" href=\"https:\/\/suretyone.com\/performance-bonds\" target=\"_blank\">bid bonds<\/a>, <a title=\"Surety One contract surety page\" href=\"https:\/\/suretyone.com\/performance-bonds\" target=\"_blank\">performance bonds<\/a>, and <a title=\"Surety One contract surety page\" href=\"https:\/\/suretyone.com\/performance-bonds\" target=\"_blank\">payment bonds<\/a> for individual\u00a0contracts of $2 million or less for small businesses that cannot obtain <a title=\"Surety One\" href=\"https:\/\/suretyone.com\" target=\"_blank\">surety bonds<\/a> through\u00a0regular commercial channels.\u00a0A major revision in the Surety Bond Guarantee (SBG) Program more than triples the eligible contract amount, from $2 million to $6.5 million. \u00a0Additionally, the changes also allow SBA to guarantee bonds for government contracts valued at up to $10 million if a contracting officer of a federal agency certifies that the guarantee is necessary for the small business to obtain <a title=\"PerformanceBond.com\" href=\"http:\/\/www.performancebond.com\" target=\"_blank\">bonding<\/a>, and it is in the best interests of the Obligee. \u00a0<a title=\"Surety One\" href=\"https:\/\/suretyone.com\" target=\"_blank\">Surety One, Inc.<\/a>, provides contractors a highly responsive and attentive staff of underwriters to aid access to the SBA program.\u00a0For more information visit us at\u00a0<a title=\"Surety One\" href=\"https:\/\/suretyone.com\/\" target=\"_blank\">SuretyOne.com<\/a>, call\u00a0<span style=\"color: #ff0000;\">(787) 333-0222<\/span>\u00a0or\u00a0<span style=\"color: #ff0000;\">(800) 373-2804<\/span>, or email us at\u00a0<span style=\"color: #ff0000;\">Underwriting@SuretyOne.com<\/span>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Small Business Administration\u2019s (SBA\u2019s) Surety Bond Guarantee Program was designed to\u00a0increase small businesses\u2019 access to federal, state, and local government contracting, as well as\u00a0private-sector contracts, by guaranteeing bid bonds, performance bonds, and payment bonds for individual\u00a0contracts of $2 million&#8230; <a class=\"more-link\" href=\"https:\/\/suretyone.com\/blog\/sba-surety-bond-guarantee-program-higher-limits\/\">Continue Reading &rarr;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[328],"tags":[26,332,331,330,329],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.7.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SBA surety bond guarantee program higher limits. &bull; Surety One, Inc.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/suretyone.com\/blog\/sba-surety-bond-guarantee-program-higher-limits\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SBA surety bond guarantee program higher limits. &bull; Surety One, Inc.\" \/>\n<meta property=\"og:description\" content=\"The Small Business Administration\u2019s (SBA\u2019s) Surety Bond Guarantee Program was designed to\u00a0increase small businesses\u2019 access to federal, state, and local government contracting, as well as\u00a0private-sector contracts, by guaranteeing bid bonds, performance bonds, and payment bonds for individual\u00a0contracts of $2 million... 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