13 CFR 115.68 - Guarantee percentage.

§ 115.68 Guarantee percentage.
SBA reimburses a PSB Surety in an amount not to exceed 70% of the Loss incurred and paid. Where the total Contract or Order amount increases beyond the Applicable Statutory Limit after Execution of the bond, SBA's share of the Loss is limited to that percentage of the increased Contract or Order amount which the statutory limit represents, multiplied by the guarantee percentage approved by SBA. For an example, see § 115.31(d).
[74 FR 36110, July 22, 2009]

Title 13 published on 2015-01-01.

No entries appear in the Federal Register after this date, for 13 CFR Part 115.

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United States Code
Statutes at Large
Public Laws

Title 13 published on 2015-01-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 13 CFR Part 115 after this date.

  • 2015-04-14; vol. 80 # 71 - Tuesday, April 14, 2015
    1. 80 FR 19886 - Surety Bond Guarantee Program; Miscellaneous Amendments
      GPO FDSys XML | Text
      Proposed rule.
      SBA must receive comments to this proposed rule on or before June 15, 2015.
      13 CFR Part 115