Hearing: Leveraging the Infrastructure Investment and Jobs Act: The Role of the SBA’s Bond Guarantee Program

Committee on Small Business

Wednesday, July 27, 2022 (10:00 AM)

2360 RHOB
Washington, D.C.
The Committee on Small Business will hold a hybrid hearing titled: “Leveraging the Infrastructure Investment and Jobs Act: The Role of the SBA’s Bond Guarantee Program.” The hearing is scheduled to begin at 10:00 A.M. on Wednesday, July 27, 2022 in Room 2360 of the Rayburn House Office Building. Participating members can also join remotely via Zoom. The hearing will examine the SBA’s Surety Bond Guarantee Program, which has been assisting small businesses in obtaining bonds and winning contracts for more than 50 years. Taking into account the heightened role it will play as part of rebuilding the nation’s infrastructure, Members will have the opportunity to learn how it serves small businesses and explore potential ways to improve and modernize the Program.

Witnesses

Mr. Peter Gibbs
President & Former Director of SBA’s Office of Surety Guarantees, Foundation Surety & Insurance Company, Bowie, MD, on behalf of the National Association of Surety Bond Producers

  • Witness Statement [PDF] Added 07/27/2022 at 11:47 AM
  • Witness Truth in Testimony [PDF] Added 07/27/2022 at 11:47 AM
  • Witness Biography [PDF] Added 07/27/2022 at 11:47 AM

Mr. Ralph Pulver
Regional Underwriting Officer, Traveler’s Bond, Hartford, CT, on behalf of the Surety & Fidelity Association of America

  • Witness Statement [PDF] Added 07/27/2022 at 11:47 AM
  • Witness Truth in Testimony [PDF] Added 08/30/2022 at 09:42 AM
  • Witness Biography [PDF] Added 07/27/2022 at 11:47 AM

Mr. Alan Gravel
President, Willow Construction, LLC, Powder Springs, GA

  • Witness Statement [PDF] Added 07/27/2022 at 11:47 AM
  • Witness Truth in Testimony [PDF] Added 07/27/2022 at 11:47 AM
  • Witness Biography [PDF] Added 07/27/2022 at 11:47 AM

Mr. Joel Griffith
Research Fellow, Financial Regulations, Thomas A. Roe Institute for Economic Policy Studies, The Heritage Foundation, Washington, DC

Added 07/20/2022 at 05:32 PM
  • Witness Statement [PDF] Added 07/27/2022 at 11:47 AM
  • Witness Truth in Testimony [PDF] Added 07/27/2022 at 11:47 AM
  • Witness Biography [PDF] Added 07/27/2022 at 11:47 AM

Hearing Record

  • Hearing Notice [PDF]
  • Hearing: Witness List [PDF]

First Published: July 20, 2022 at 08:58 AM
Last Updated: August 30, 2022 at 09:42 AM


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