13 CFR 115.66 – Fees
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The PSB Surety must pay SBA a certain percentage of the Premium it charges on Final Bonds. The PSB Surety must also remit to SBA the Principal’s payment for its guarantee fee, equal to a certain percentage of the Contract amount. The fee percentages are determined by SBA and are published in Notices in the
Terms Used In 13 CFR 115.66
- Contract: A legal written agreement that becomes binding when signed.