# Surety Bond Guarantee Program
> **US Small Business Administration** · Final rule. · Published 2014-01-13 · Effective 2014-02-12 · 79 FR 2084
## Document
- **Document number:** 2014-00295
- **Category:** final-rule
- **Agency:** US Small Business Administration
- **Federal Register citation:** 79 FR 2084
- **CFR reference:** 13 CFR 115
- **Publication date:** 2014-01-13
- **Effective date:** 2014-02-12
## Abstract

The Small Business Administration (SBA) is issuing this final rule to conform the regulations governing the Surety Bond Guarantee Program to certain provisions of the National Defense Authorization Act for Fiscal Year 2013 (NDAA), including the provisions that increase the contract amounts for which SBA is authorized to guarantee bonds, grant SBA the authority to partially deny liability under its bond guarantee, and prohibit SBA from denying liability based on material information that was provided as part of the guarantee application in the Prior Approval Program. This rule also makes changes to the Quick Bond Guarantee Application and Agreement, the timeframes for taking certain actions related to claims, and the dollar threshold for determining when a change in the Contract or bond amounts meets certain criteria or requires certain action. Finally, the final rule eliminates references to the provisions of the American Recovery and Reinvestment Act of 2009 (Recovery Act) that have expired.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2014/01/13/2014-00295/surety-bond-guarantee-program)
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