Quick Bond Guarantee Application and Agreement

ICR 202108-3245-005

OMB: 3245-0378

Federal Form Document

Forms and Documents
IC Document Collections
ICR Details
3245-0378 202108-3245-005
Received in OIRA 202101-3245-001
SBA
Quick Bond Guarantee Application and Agreement
Revision of a currently approved collection   No
Regular 08/31/2021
  Requested Previously Approved
36 Months From Approved 08/31/2021
3,475 3,278
579 546
13,473 13,112

Small Business Administration (SBA) Surety Bond Guarantee Program was created to encourage surety companies to provide bonding for small contractors. The information collected on this form from small businesses and surety companies will be used to evaluate the eligibility of applicants for contracts up to $400,00.

US Code: 15 USC 694b Name of Law: Small Business Invetment Act of 1958
  
None

Not associated with rulemaking

  86 FR 20430 04/18/2021
86 FR 47770 08/26/2021
No

1
IC Title Form No. Form Name
Quick Bond Guarantee Application and Agreement SBA FORM 990 A QUICK BOND GUARANTEE APPLICATION AND AGREEMENT

  Total Request Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 3,475 3,278 0 197 0 0
Annual Time Burden (Hours) 579 546 0 33 0 0
Annual Cost Burden (Dollars) 13,473 13,112 0 361 0 0
Yes
Miscellaneous Actions
No
The increase in the total annual burdens is due to a slight increase in the number of responses.

$22,882
No
    No
    No
No
No
No
No
Jermanne Perry 202 401-8275 [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.
08/31/2021


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