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.
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.
Surety Protects
Learn how surety
bonds protect taxpayers,
save time,
reduce costs and
keep projects on track.
Surety Industry Unites on Capitol Hill to Advocate for Key Legislative Priorities
See Senators Capito, Carper and Van Hollen speak on the Senate floor about the importance of surety.
The Surety & Fidelity Association of America Foundation Awards 19 Students With $47,500 in Scholarships
SFAA Foundation announces 19 students selected as recipients of a $2,500 scholarship as part of the Surety and Fidelity Intern and Scholarship Program for 2023.