federal_register: E9-17323

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document_number title type abstract publication_date pub_year pub_month html_url pdf_url agency_names agency_ids excerpts regulation_id_numbers
E9-17323 American Recovery and Reinvestment Act: Surety Bond Guarantees; Size Standards Rule This interim final rule implements provisions of the American Recovery and Reinvestment Act of 2009 that pertain to the Surety Bond Guaranty (SBG) Program. Until September 30, 2010, the U.S. Small Business Administration (SBA) is authorized to guarantee bonds on Contracts of up to $5,000,000 (or up to $10 million based upon the certification of a Federal contracting officer). SBA is further authorized, until September 30, 2010, to partially deny liability under its bond guarantee, but cannot deny liability in whole or even in part on the basis of material facts disclosed to SBA in a guarantee application submitted under the Prior Approval Program. In addition to implementing these authorities, this rule also revises the size standard for participation in the SBG Program, and makes several changes primarily for clarification purposes. 2009-07-22 2009 7 https://www.federalregister.gov/documents/2009/07/22/E9-17323/american-recovery-and-reinvestment-act-surety-bond-guarantees-size-standards https://www.govinfo.gov/content/pkg/FR-2009-07-22/pdf/E9-17323.pdf Small Business Administration 468 This interim final rule implements provisions of the American Recovery and Reinvestment Act of 2009 that pertain to the Surety Bond Guaranty (SBG) Program. Until September 30, 2010, the U.S. Small Business Administration (SBA) is authorized to... 3245-AF94

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