New & Emerging Contractors

Helping new and emerging contractors with their bonding needs

SFAA has a longstanding commitment to assist new and emerging contractors with their bonding needs. Our Contractor Bonding Education and Mentoring Program provides the essential information needed to understand the bonding process from start to finish. Government programs are also available, including the Department of Transportation’s Bonding Education Program and the U.S. Small Business Administration’s Surety Bond Guarantee (SBG) Program.

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SFAA’s Contractor Bonding Education and Mentoring Program

The Contractor Bonding Education and Mentoring Program, scheduled to launch in November 2021, is a resource for new, small, or disadvantaged contractors (minority, women and veteran-owned).

The on-demand program was created in partnership with the National Association of Surety Bond Producers (NASBP) and includes three learning pathways with nine modules:

The Complete Contractor Bonding Education Modules
Transactional Surety Bond Application Modules
Traditional Surety Bond Application Modules

A link to the new Contractor Bonding Education and Mentoring Program will be shared in November.

Bonding Education Program (BEP)

SFAA partners with the U.S. Department of Transportation’s through their Bonding Education Program (BEP). The program helps small businesses become bond ready. Becoming bondable is a challenge for many disadvantaged businesses and this program aims to help businesses to grow by obtaining or building bonding capacity.

The BEP is a hands-on, multi-component program designed to address what businesses need to do to become bond-ready, as well as one-on-one sessions with local surety bonding professionals to help in assembling the materials necessary for a complete bond application. This program is tailored to businesses competing for transportation-related contracts.

U.S. Small Business Administration’s Surety Bond Guarantee (SBG) Program

The U.S. Small Business Administration’s Surety Bond Guarantee (SBG) Program provides surety bond guarantees for small businesses on federal, state, local, and commercial construction, service and supply contracts and subcontracts in direct partnership with surety companies and their agents.

Resources & Programs

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Advocacy & Policy

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News & Events

The Surety & Fidelity Association of America (SFAA) Launches New Brand and Website

October 7, 2021

For Immediate Release October 7, 2021 (WASHINGTON, DC) – The Surety & Fidelity Association of America…

SFAA Annual Meeting Highlights Accomplishments and Initiatives; Membership Re-Elects Board, Elects New Reinsurance Representative

October 6, 2021

During the Annual Meeting of The Surety & Fidelity Association of America (SFAA), John Welch, SFAA chair and president and CEO, CNA Surety, and...

The Surety & Fidelity Association of America Foundation Awards 17 Students With $5,000 Scholarships

September 14, 2021

The Surety and Fidelity Intern and Scholarship Program creates new pathways for underrepresented college students to enter the surety and fidelity industry...

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