Notice2026-07113
Reporting and Recordkeeping Requirements Under OMB Review
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
April 13, 2026
Issuing agencies
Small Business Administration
Abstract
The Small Business Administration (SBA) is seeking approval from the Office of Management and Budget (OMB) for the information collection described below. In accordance with the Paperwork Reduction Act and OMB procedures, SBA is publishing this notice to allow all interested member of the public an additional 30 days to provide comments on the proposed collection of information.
Full Text
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<title>Federal Register, Volume 91 Issue 70 (Monday, April 13, 2026)</title>
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[Federal Register Volume 91, Number 70 (Monday, April 13, 2026)]
[Notices]
[Pages 18963-18964]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-07113]
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SMALL BUSINESS ADMINISTRATION
Reporting and Recordkeeping Requirements Under OMB Review
AGENCY: Small Business Administration.
ACTION: 30-Day notice.
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SUMMARY: The Small Business Administration (SBA) is seeking approval
from the Office of Management and Budget (OMB) for the information
collection described below. In accordance with the Paperwork Reduction
Act and OMB procedures, SBA is publishing this notice to allow all
interested member of the public an additional 30 days to provide
comments on the proposed collection of information.
DATES: Submit comments on or before May 13, 2026.
ADDRESSES: Written comments and recommendations for this information
collection request should be sent within 30 days of publication of this
notice to <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. Find this particular
information collection request by selecting ``Small Business
Administration''; ``Currently Under Review,'' then select the ``Only
Show ICR for Public Comment'' checkbox. This information collection can
be identified by title and/or OMB Control Number.
FOR FURTHER INFORMATION CONTACT: You may obtain a copy of the
information collection and supporting documents from the Agency
Clearance Office at <a href="/cdn-cgi/l/email-protection#a4f7ccc5d1cacdc1c7c18ae7c5d6d0c1d6e4d7c6c58ac3cbd2"><span class="__cf_email__" data-cfemail="16457e7763787f737573385577646273645665747738717960">[email protected]</span></a>; (202) 935-6942, or from
<a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>.
SUPPLEMENTARY INFORMATION: SBA guarantees bid, payment, and performance
bonds for small and emerging contractors who cannot obtain surety bonds
through regular commercial channels. SBA's guarantee, authorized
pursuant to part B of title IV of the Small Business Investment Act of
1958, 15 U.S.C. 694a et seq., gives Sureties an incentive to provide
bonding for small businesses and thereby assists small businesses in
obtaining greater access to contracting opportunities. SBA's guarantee
is an agreement between a Surety and SBA that SBA will assume a certain
percentage of the Surety's loss should a contractor default on the
underlying contract.
This information collection currently consists of SBA Forms 990,
991, 994, 994B, 994F, and 994H. This information collection is being
renewed and revised to better align with SBA regulatory changes, and
surety bond industry practices. Additionally, this information
collection creates SBA Forms 900 and 901. The new forms both serve the
purpose of streamlining SBA's surety bond guarantee agreement
procedures and to improve and clarify program participation
requirements. These form revisions and additions will result in greater
clarity and understanding for small businesses and surety bond
companies applying for assistance.
New SBA forms: SBA Form 900, ``Prior Approval Surety Bond Surety
Participation Agreement'', and SBA Form 901, ``Preferred Surety Bond
Surety Participation Agreement'', are new SBA forms created for the
purpose of surety bond company and surety bond agency participation in
SBA's Surety Bond Guarantee program. The forms outline authorities
granted by SBA to the signing business and the requirements of
participation in the program. The only information collected in the
forms are the signature, name, title, and date of signature for the
individual signing on behalf of the business requesting to participate
in SBA's Surety Bond Guarantee program. By creating these two forms,
SBA is (1) enabling future streamlining enhancements to the program to
reduce application submission burdens, and (2) certifying that every
participating surety bond company understands the program's
participation requirements according to their type of participation.
SBA intends to update SBA Form 990, Part II, to include a question
for Quick Bond applications on whether the application project includes
hazardous materials, asbestos, or timber sales over SBA's allowed
amount. This question will enable SBA to further streamline and
automate application reviews by collecting a key factor in the approval
process currently obtained through manual review of uploaded documents.
SBA intends to update SBA Form 990, Part III, with a subsection B
titled ``SBA Bonding Line Request''. This information collection
already exists as SBA Form 994B, Part III. By moving the information
collection to SBA Form 990, SBA is aligning the request for SBA
approval within the form intended for agreements between SBA and the
participating surety bond company. SBA intends to update SBA Form 990,
Part IV, with clarification language in field 1, ``Bond Type''. SBA
intends to update SBA Form 990, Part V, with clarification language in
the certification text and the addition of the ``SBA Approval Number''
field. These updates do not create additional information collection
since the SBA Approval Number field is produced by SBA. SBA intends to
update the Terms and Conditions section to align with the addition of
SBA Form 900.
SBA intends to update SBA Form 991 instructions as well as fields
4, 5, 6, and 10 for language clarifications. The clarifications do not
change information collected in the form.
SBA intends to update SBA Form 994, field 14 and Part 2
instruction, with a clarification instruction. Part 2 of this form
collects information on the applicant business individual owners, with
fields for up to three individuals' entries. When one of these fields
is revised, all three are revised. SBA intends to update SBA Form 994,
fields 21, 34, 47 and Part III field 10 with the addition of country to
the address. This update is required to improve compliance with SBA
policy updates on citizenship eligibility and Executive Order 14159.
SBA intends to update SBA Form 994, fields 26, 39, and 52 to comply
with OMB's Statistical Policy Directive 15. SBA intends to add SBA Form
994, fields 27, 40, and 53 to collect information regarding economic
status of the applicant business' individual owners. This information
collection improves SBA's ability to verify applicant compliance with
economic status requirements when seeking a ninety percent guarantee
under economically disadvantaged status. SBA intends to update SBA Form
994, Part III field numbering to conform the part to the rest of the
form. SBA intends to update SBA Form 994, Part III fields 1, 5, 12, and
13 for language clarification. SBA intends to update SBA Form 994, Part
II fields 14, 15, and 20 to add fields for second obligee entries. The
new fields provide designated space for ``dual obligee'' scenarios that
were difficult for applicant businesses to include in the current form.
This information collection is not new but organizes and clarifies the
field space for applicants. SBA intends to update SBA Form 994, Part
III field 20 with language clarification of field response options and
add a new option. This information collection update clarifies the
meanings of response options, and the additional option enables greater
statistical clarity. This update does not increase information
collection for applicants. SBA intends to update SBA Form 994, Part V
field 1 with clarification language and removing fields regarding legal
permanent resident status. This update is required to improve
compliance with SBA policy updates on citizenship eligibility and
Executive Order 14159. SBA intends to update SBA Form 994 submission
instructions with clarification language and numbering.
[[Page 18964]]
SBA intends to update SBA Form 994B, Part I fields 1 and 2 by
adding ``within last 5 years'' to increase clarification of the fields.
Additionally, field 2 is being revised from ``work program'' to ``total
backlog'' to increase clarification as well. SBA intends to remove SBA
Form 994B, Part III in its entirety since it is being moved to SBA Form
990 (as explained above). SBA intends to update SBA Form 994B, Surety's
Review certification language to align with the addition of SBA Form
900 and with the other forms submitted by surety bond companies. SBA
intends to update SBA Form 994B, Surety's Review field 1 to state
``Attorney In Fact Signature'' for clarification.
SBA does not intend to update SBA Form 994F with any revisions.
SBA intends to update SBA Form 994H, Part D by adding ``SBA Claim
Approval Number'' field. This update does not create additional
information collection since the SBA Claim Approval Number field is
produced by SBA. SBA intends to update SBA Form 994H, Part E
instructions with clarification language. SBA intends to update SBA
Form 994H, Part H certification language for clarification and to align
with the addition of SBA Forms 900 and 901. SBA intends to update SBA
Form 994H, ``Instructions and Clarifications of Selected Form 994H
Items'' section with additional information on how to access the form
online.
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
OMB Control Number: 3245-0007.
Title: Surety Bond Guarantee Assistance.
Description of Respondents: Small businesses, surety bond
companies, and contract owners.
SBA Form Number: SBA Forms 900, 901, 990, 991, 994, 994B, 994F,
994H.
Estimated Number of Respondents: 3,949.
Estimated Annual Responses: 36,885.
Estimated Annual Hour Burden: 9,369.
Shauniece Carter,
Interim Agency Clearance Officer.
[FR Doc. 2026-07113 Filed 4-10-26; 8:45 am]
BILLING CODE 8026-09-P
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