Recovery Act More Than Doubles Surety Bond Guarantee Ceiling for Small Businesses

July 2009
Home Business Magazine: The Home-Based Entrepreneur's Magazine;Jul/Aug2009, Vol. 16 Issue 4, p26
The article reports on the significance of the U.S. American Recovery and Reinvestment Act of 2009 for small businesses in the country. It states that the Recovery Act helps small businesses qualify for the $5 million Surety Bond Guarantee program through the U.S. Small Business Administration. The Act also aims to help small businesses complete for bid on public construction and service project contracts through the program's payment and performance bonds.


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