Surety & Fidelity

Surety and fidelity bonding provides critical financial protections

Surety and fidelity bonds are an essential risk management tool and public policy function. While the types of bonds are different, the overarching purpose remains the same – to provide financial protection to businesses, families, and consumers by guaranteeing contractual obligations are met through the securement of a bond.

With these protections in place, businesses are able to grow and flourish, critical infrastructure developments are successfully carried through to completion, and companies are protected from wrongful acts of their employees – all of which positively support the economy.

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News & Events

SFAA and NASBP Host Successful Legislative “Fly-In”

April 3, 2023

Garner Support for Surety Bonding Requirements on WIFIA and Broadband Infrastructure Projects April 3, 2023 (WASHINGTON,…

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.

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