Surety Bond Guarantee Assistance

ICR 201212-3245-003

OMB: 3245-0007

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supplementary Document
2012-12-06
Supporting Statement A
2012-12-06
IC Document Collections
IC ID
Document
Title
Status
184880 Modified
ICR Details
3245-0007 201212-3245-003
Historical Inactive 200912-3245-005
SBA
Surety Bond Guarantee Assistance
Extension without change of a currently approved collection   No
Regular
Improperly submitted and continue 02/13/2013
Retrieve Notice of Action (NOA) 12/06/2012
  Inventory as of this Action Requested Previously Approved
01/31/2013 36 Months From Approved 02/28/2013
17,965 0 17,965
2,080 0 2,080
0 0 0

The Small Business Administration's (SBA) Surety Bond (SBG) Program was created to encourage surety companies to issue bonds for small contractors. The information collected on these forms is used to evaluate the eligibility of applicants for the program. Changes are being made to SBA Form 990, Surety Bond Guarantee Agreement, SBA Form 991, Surety Bond Guarantee Agreement Addendum, SBA Form 994, Application for Surety Bond Guarantee Assistance, SBA Form 994B, Surety Guarantee Underwriting Review, SBA Form 994F, Schedule of Work in Process, and SBA Form 994H, Default Report, Claim for Reimbursement& Records of Administrative Action. New SBA Form 994 R, Application for Surety Bond Guarantee Assistance - Rider,is being added. SBA is issuing Interim Final Rule, American Recovery and Reinvestment Act: Surety Bond Guarantees; Size Standards (RIN-3245-AF94) that will implement the SBG program changes resulting from the Recovery Act.

PL: Pub.L. 111 - 5 508 Name of Law: American Recovery and Reinvestment Act of 2009
  
None

Not associated with rulemaking

  77 FR 43410 07/04/2012
77 FR 70525 12/04/2012
No

1
IC Title Form No. Form Name
Surety Bond Guarantee Assistance SBA FORM 994 , SBA FORM 991 , SBA FORM 994F, SBA FORM 994H, SBA FORM 994B, SBA FORM 990 Surety Bond Agreement Addendum ,   Schedule of Work ,   Claim for Reimbrusment ,   Surety Bond Underwriting Review ,   Surety Bond Guarantee ,   Application for Surety Bond

No
Yes
Cutting Redundancy
Is a result of Quick Bond applications and agreements, that was approved in August 2012 for contracts no larger than $250.000.

$0
No
No
No
No
Yes
Uncollected
Barbara Brannan 202 205-6545 [email protected]

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
12/06/2012


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