CFR 13-115.31-2014 Business credit and assistance. Part115:Surety bond guarantee. SubpartB:Guarantees subject to prior approval. Section115.31:Guarantee percentage.
(a) Ninety percent. SBA reimburses a Prior Approval Surety for 90% of the Loss incurred and paid if: (1) The total amount of the Contract at the time of Execution of the bond is $100,000 or less; or
CFR 13-115.31-2014 history
2014CFR 13-115.31-2014 Business credit and assistance. Part115:Surety bond guarantee. SubpartB:Guarantees subject to prior approval. Section115.31:Guarantee percentage.