Sec. 2. Expanding surety bond program
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Part B of title IV of the Small Business Investment Act of 1958 ( 15 U.S.C. 694a et seq. ) is amended— in section 411 ( 15 U.S.C. 694b )— in subsection (a)(1)— in subparagraph (A), by striking $6,500,000 and inserting $10,000,000 ; by amending subparagraph
(B)to read as follows: The Administrator may guarantee a surety under subparagraph
(A)for a total work order or contract in an amount that does not exceed $20,000,000. ; and in subsection (e)(2), by striking $6,500,000 and inserting the amount described in subparagraph
(A)or
(B)of subsection (a)(1), as applicable ; and in section 412(a) ( 15 U.S.C. 694c(a) ), in the third sentence, by striking , excluding administrative expenses, .
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