Blockchain Registration Transaction Record

NASBP and SFAA Release Surety Bond Information Kit for BEAD Program

NASBP and SFAA have released a groundbreaking Broadband Equity, Access, and Deployment (BEAD) Program Surety Bond Information Kit, marking a significant shift in the use of surety bonds for securing federal and state funding of broadband infrastructure construction.

This news matters as it marks a significant shift in the use of surety bonds for securing federal and state funding of broadband infrastructure construction. The release of the BEAD Program Surety Bond Information Kit will benefit small internet service providers and provide added protection for state broadband offices and taxpayers. It also highlights the vital role of surety bonds in public procurement and the development of broadband infrastructure, emphasizing their use as a viable security option.