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Hearings

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

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.

To view a livestream of the hearing, click here

Hearing Notice

Hearing Memo

Witnesses

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

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

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

Mr. Joel Griffith

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

 
 
 
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