Small Business: Information on Participation in SBA's Bonding Activities
RCED-94-134
Published: Mar 24, 1994. Publicly Released: Apr 28, 1994.
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Highlights
Pursuant to a legislative requirement, GAO reviewed whether the Small Business Administration's (SBA) Preferred Surety Bond Guarantee (PSB) Program: (1) increased standard sureties' participation in SBA bonding activities; and (2) expanded minority-owned businesses' access to SBA-guaranteed bonds.
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Bid guaranteesInsurance companiesMinority businessesMinority contractorsSmall business assistanceSmall business contractorsSurety bondsSmall businessWarrantiesConstruction contracts