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Surety Bond Guarantee Program: Small Business Administration's Actions on Prior Program Recommendations

RCED-86-183BR Published: Sep 18, 1986. Publicly Released: Sep 18, 1986.
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Highlights

In response to congressional requests, GAO reviewed the Small Business Administration's (SBA) management of its Surety Bond Guarantee Program to determine whether SBA implemented GAO and SBA Inspector General recommendations for improved program management. The recommendations focused on SBA underwriting and claims processes and on its automated program information system.

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Business development loansClaims processingCost controlInformation systemsInternal controlsProgram managementSmall business assistanceSurety bondsSmall businessInsurance companies