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What are my costs for obtaining an SBA bond guarantee?

April 26, 2017Bond costs guarantee SBA

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What are my costs for obtaining an SBA bond guarantee?

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10 Posted

A. All final bond (Payment/Performance) applications require you to pay a fee amounting to .729% of the contract price. If for some reason the bond is cancelled or not issued, the guarantee fee will be returned. SBA does not charge a contractor for bid bond guarantees.