(a) In generalExcept as provided in subsection (b), and notwithstanding any other provision of law, for any procurement related to a major disaster, the Administrator may, upon such terms and conditions as the Administrator may prescribe, guarantee and enter into commitments to guarantee any surety against loss resulting from a breach of the terms of a bid bond, payment bond, performance bond, or bonds ancillary thereto, by a principal on any total work order or contract amount at the time of bond execution that does not exceed $5,000,000.
(b) Increase of amountUpon request of the head of any Federal agency other than the Administration involved in reconstruction efforts in response to a major disaster, the Administrator may guarantee and enter into a commitment to guarantee any security against loss under subsection (a) on any total work order or contract amount at the time of bond execution that does not exceed $10,000,000.
(c) Limitation on use of other fundsThe Administrator may carry out this section only with amounts appropriated in advance specifically to carry out this section.
Structure US Code
CHAPTER 14A— AID TO SMALL BUSINESS
§ 631a. Congressional declaration of small business economic policy
§ 631b. Reports to Congress; state of small business
§ 631c. Small Business Manufacturing Task Force
§ 633. Small Business Administration
§ 633a. Detailed justification for proposed changes in budget requests
§ 634a. Office of Advocacy within Small Business Administration; Chief Counsel for Advocacy
§ 634b. Primary functions of Office of Advocacy
§ 634c. Additional duties of Office of Advocacy
§ 634d. Staff and powers of Office of Advocacy
§ 634e. Assistance of Government agencies
§ 634g. Budgetary line item and authorization of appropriations
§ 636b. Disaster loan interest rates
§ 636c. Age of applicant for disaster loans
§ 636d. Disaster aid to major sources of employment
§ 636g. Development and implementation of major disaster response plan
§ 636h. Disaster planning responsibilities
§ 636i. Small business bonding threshold
§ 636k. Reports on disaster assistance
§ 637b. Availability of information
§ 637d. Subcontracting plan reports
§ 638. Research and development
§ 638b. Reducing vulnerability of SBIR and STTR programs to fraud, waste, and abuse
§ 639. Reporting requirements and agency cooperation
§ 639a. Review of loan program; submission of estimated needs for additional authorization
§ 640. Voluntary agreements among small-business concerns
§ 641. Transfer to Administration of other functions, powers, and duties
§ 643. Fair charge for use of Government-owned property
§ 644a. Small Business Procurement Advisory Council
§ 645a. Annual report on suspensions and debarments proposed by Small Business Administration
§ 647. Duplication of activities of other Federal departments or agencies
§ 648. Small business development center program authorization
§ 648c. SBA and USPTO partnerships
§ 649. Office of International Trade
§ 649b. Grants, contracts and cooperative agreements for international marketing programs
§ 649c. Authorization of appropriations
§ 649d. Central information clearinghouse
§ 650. Supervisory and enforcement authority for small business lending companies
§ 651. National small business tree planting program
§ 652. Central European Enterprise Development Commission
§ 653. Office of Rural Affairs
§ 654. Paul D. Coverdell drug-free workplace program
§ 655. Pilot Technology Access Program
§ 656. Women’s Business Center program
§ 657. Oversight of regulatory enforcement
§ 657d. Federal and State Technology Partnership Program
§ 657f–1. Certification of small business concerns owned and controlled by veterans
§ 657g. Participation in federally funded projects
§ 657h. Small business energy efficiency
§ 657i. Coordination of disaster assistance programs with FEMA
§ 657j. Information tracking and follow-up system for disaster assistance
§ 657k. Disaster processing redundancy
§ 657l. Comprehensive disaster response plan
§ 657m. Plans to secure sufficient office space
§ 657n. Immediate Disaster Assistance program
§ 657o. Annual reports on disaster assistance
§ 657p. Outreach regarding health insurance options available to children
§ 657q. Consolidation of contract requirements
§ 657r. Mentor-protege programs
§ 657s. Limitations on subcontracting