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What are my costs associated with obtaining an SBA surety bond Guarantee?

April 26, 2017associated costs guarantee SBA surety bond

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What are my costs associated with obtaining an SBA surety bond Guarantee?

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All final bond applications, and all bid bonds resulting in awards, require a processing fee of $7.29 per thousand dollar of the contract face value. You pay the processing fee, however in the event of cancellation, or if for some reason the bond is not issued, the processing fee will be returned.