Article

SBA announces a temporary decrease in the guarantee fees

ACTION:

Notification of temporary initiative to test lower fees; request for public comments.

SUMMARY:This document announces a temporary decrease in the guarantee fees that the U.S. Small Business Administration (SBA) charges all Surety companies and Principals on each guaranteed bond (other than a bid bond) issued in SBA’s Surety Bond Guarantee (SBG) Program.

DATES:Applicability Date: The fee decreases described in this document will apply to all SBA surety bond guarantees approved during the one year period beginning October 1, 2018 and ending September 30, 2019. Comment Date: SBA must receive comments on or before August 29, 2018.

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https://www.federalregister.gov/documents/2018/07/30/2018-16202/surety-bond-guarantee-program-fees