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§ 120.200 What bonding requirements exist during construction?

13 CFR 120.200

Citation13 CFR 120.200
CorpusDaily eCFR
Displayed edition2026-09-10
Last updated2026-09-10

§ 120.200 What bonding requirements exist during construction?

On 7(a) loans which finance construction, the Borrower must supply a 100 percent payment and performance bond and builder's risk insurance, unless waived by SBA.