The Expanding the Surety Bond Program Act of 2025 significantly increases the maximum size of surety bonds the Small Business Administration can guarantee from $6.5 million to $18 million, helping small businesses obtain larger construction and service contracts. The bill primarily benefits small businesses that need surety bonds to bid on government and private contracts, as well as the surety companies that provide these bonds. The legislation establishes that no more than 2 percent of the program's revolving fund can be used for administrative expenses each fiscal year and includes a mechanism to temporarily reduce the bond limit by 33 percent if the SBA requests supplemental funding from Congress. The bill requires the SBA to submit annual reports on program performance and mandates that the Government Accountability Office provide a review of the program's approval processes within 270 days of enactment.
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