Key Resources

Proving Bonding’s Economic Value

The SFAA recently commissioned global consulting firm EY to conduct a comprehensive examination assessing the economic value of surety bonds. EY found that construction projects protected by surety bonds enjoy lower rates of contractor default, lower cost of completion in the case of default and are finished faster than non-bonded projects. For the typical portfolio of construction projects, the overall value of surety bonds more than covers their cost.

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Communicating Bonding’s Value

To help communicate the value of bonding, SFAA created a new communications toolkit that provides clear messaging, compelling facts, and visual illustrations. Use these to educate and inform policymakers and public construction leaders about the vital role bonding plays in public projects.

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Toolkit

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Advocacy & Policy

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News & Events

EY Report: Surety Bonding Provides Strong Economic Value and Strengthens Performance for Public and Private Construction Projects

November 17, 2022

A new study released today, The Economic Value of Surety Bonds, finds public and private construction projects protected by surety have lower rates of contractor default, lower cost of completion in the case of default, and are finished faster than non-bonded projects.

The Surety & Fidelity Association of America Foundation Awards 15 Students With $5,000 Scholarship

October 19, 2022

The Surety & Fidelity Association of America Foundation (SFAA Foundation) announced today the 15 students selected as recipients of a $5,000 scholarship as part of the Surety and Fidelity Intern and Scholarship Program for 2022.

SFAA Receives Prestigious 2022 ASAE Silver ‘Power of Associations’ Award for Federal Advocacy Campaign

October 14, 2022

The Surety & Fidelity Association of America (SFAA), a nonprofit, nonpartisan trade association representing all segments of the surety and fidelity industry, won the prestigious ASAE Silver Power of Associations Award for their TIFIA-Bonding Advocacy Campaign.

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