Notice2025-17075
Data Collection Available for Public Comments
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
September 5, 2025
Issuing agencies
Small Business Administration
Abstract
The Small Business Administration (SBA) intends to request approval from the Office of Management and Budget (OMB) for the collection of information described below. The Paperwork Reduction Act (PRA) requires federal agencies to publish a notice in the Federal Register concerning each proposed collection of information before submission to OMB, and to allow 60 days for public comment in response to the notice. This notice complies with that requirement.
Full Text
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<title>Federal Register, Volume 90 Issue 170 (Friday, September 5, 2025)</title>
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[Federal Register Volume 90, Number 170 (Friday, September 5, 2025)]
[Notices]
[Pages 43019-43020]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-17075]
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SMALL BUSINESS ADMINISTRATION
Data Collection Available for Public Comments
ACTION: 60-Day notice and request for comments.
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SUMMARY: The Small Business Administration (SBA) intends to request
approval from the Office of Management and Budget (OMB) for the
collection of information described below. The Paperwork Reduction Act
(PRA) requires federal agencies to publish a notice in the Federal
Register concerning each proposed collection of information before
submission to OMB, and to allow 60 days for public comment in response
to the notice. This notice complies with that requirement.
DATES: Submit comments on or before November 4, 2025.
ADDRESSES: Send all comments to Kevin Valdes, <a href="/cdn-cgi/l/email-protection#6f040a19060141190e030b0a1c2f1c0d0e41080019"><span class="__cf_email__" data-cfemail="355e50435c5b1b435459515046754657541b525a43">[email protected]</span></a>,
Office of Surety Guarantees, Small Business Administration.
FOR FURTHER INFORMATION CONTACT: Kevin Valdes, Management Analyst,
Office of Surety Guarantees, <a href="/cdn-cgi/l/email-protection#e48f81928d8aca928588808197a4978685ca838b92"><span class="__cf_email__" data-cfemail="7d16180b1413530b1c1119180e3d0e1f1c531a120b">[email protected]</span></a>, (202) 816-0137 and
Shauniece Carter, Interim Agency Clearance Officer,
<a href="/cdn-cgi/l/email-protection#fc8f949d899295999f99d29f9d8e88998ebc8f9e9dd29b938a"><span class="__cf_email__" data-cfemail="93e0fbf2e6fdfaf6f0f6bdf0f2e1e7f6e1d3e0f1f2bdf4fce5">[email protected]</span></a>, (202) 935-6942.
SUPPLEMENTARY INFORMATION: Under its Surety Bond Guarantee Program (SBG
Program), the U.S. Small Business Administration is authorized to
guarantee a bid bond, payment bond, performance bond, as well as any
required related ancillary bonds, on a contract issued to a small
business contractor up to $9 million or up to $14 million if a Federal
contracting officer certifies that SBA's guarantee is necessary. See
Title IV of the Small Business Investment Act (SBIA), part B, 15 U.S.C.
694a et seq. The SBG Program was created to encourage surety companies
to issue bonds for small business contractors. The SBIA authorizes SBA
to establish the terms and conditions for providing surety bond
guarantee assistance and for paying claims resulting from any
contractor defaults.
This information collection consists of forms relating to the
application process for an SBA-guaranteed bond and claims for the
reimbursement of losses, including SBA Forms 990, 991, 994, 994B, 994F,
994H, a new Prior Approval surety participation agreement form, and a
new Preferred Surety Bond (PSB) surety participation agreement form.
Except in the case of SBA Form 994H and the surety participation
agreement forms, SBA uses the information to evaluate whether the small
business applicant meets the eligibility requirements for a surety
bond, as well as the likelihood that the small business will
successfully complete the bonded contract. The information collected
for this purpose includes: Demographics on all owners of the bond
applicant, which has no bearing on the approval decision; the status of
any current or past SBA financial assistance provided to the applicant;
NAICS code for applicant's industry; financial statements; contract
amount and nature of contract performance; and in the event performance
has begun, evidence that applicant has paid all suppliers and
subcontractors. With respect to SBA Form 994H, SBA uses the information
collected to evaluate the surety's claim for reimbursement of losses.
Surety is required to provide information regarding the date the small
business defaulted on the contract; the reason for the default, the
amount of any recoveries, and any additional information that would
support the surety's claim for reimbursement. With respect to the new
surety participation forms, SBA uses the information collected to
document the
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acknowledgement, by participating sureties and agencies, of the
program's statutory and regulatory requirements for participation, and
certification that the executing parties will comply with all
requirements during their participation. The forms will only collect
execution by a qualified representative of the surety and the date of
execution.
Solicitation of Public Comments
SBA is requesting comments on (a) whether the collection of
information is necessary for the agency to properly perform its
functions; (b) whether the burden estimates are accurate; (c) whether
there are ways to minimize the burden, including through the use of
automated techniques or other forms of information technology; and (d)
whether there are ways to enhance the quality, utility, and clarity of
the information.
Summary of Information Collection
PRA Number:
Title: Surety Bond Guarantee Assistance.
Description of Respondents: Surety companies, surety agents, small
businesses, and project owners.
Form Number: SBA Form 990, 991, 994, 994B, 994F, 994H, TBD, TBD.
Total Estimated Annual Responses: 34,154.
Total Estimated Annual Hour Burden: 8,407.
Shauniece Carter,
Interim Agency Clearance Officer.
[FR Doc. 2025-17075 Filed 9-4-25; 8:45 am]
BILLING CODE 8026-09-P
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