Small Business Administration Surety Bond Guarantee Program: Viable Options for Small, Emerging or Challenged Contractors


Liberty Surety in Contract Surety, Nonstandard business

The Small Business Administration (SBA) Surety Bond Guarantee Program began in 1971. It’s designed to increase small businesses’ access to federal, state, and local government contracting, as well as to private-sector contracting, by guaranteeing bid, performance, payment, and specified ancillary bonds. The program primarily serves contractors that cannot obtain bonding through traditional commercial channels, such as small and emerging contractors and those new in business.