Surety & Fidelity Association of America

This first-of-its-kind kit includes bond forms to address the National Telecommunications and Information Administration (NTIA) announcement to accept surety bonds as an additional form of security in lieu of letters of credit (LOCs) for the  Broadband Equity, Access, and Deployment (BEAD) Program. The National Association of Surety Bond Producers (NASBP) and the Surety & Fidelity Association of America (SFAA) formed a surety working group to develop performance bond forms and model language to facilitate the use of surety bonds to meet BEAD Program security requirements.