Top Issues

Numerous legislative and regulatory issues at state and federal levels are of importance to NASBP. Here is a list of the top issues.

• The preservation and, where possible, expansion of statutory bonding requirements.
• Legislative and regulatory policies that encourage qualified small and emerging contractors to participate in public construction markets.
• The funding and enhancement of government programs, such as the U.S. Small Business Administration Surety Bond Guarantee Program, that assist small and emerging contractors in qualifying for bonding.
• Legislative and regulatory policies that create an equitable risk environment for construction contractors and subcontractors.
• Legislative and regulatory policies that preserve regulatory oversight of surety insurers.
• Consistent treatment and application by federal agencies of standards with respect to powers of attorney.
• Adoption of producer requirements which are nondiscriminatory.

For information about NASBP Position Statements, please click here.