Legislation lets SBA guarantee larger bonds

02/6/2013 | Hartford Business Journal (Conn.)

The 2013 National Defense Authorization Act allows the Small Business Administration to guarantee surety bonds that are worth as much as $6.5 million. The cap previously was set at $2 million. The change could help small businesses win more contracts. NASBP supported this change and others in the act.

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Hartford Business Journal (Conn.)

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