A bill to amend the Small Business Investment Act of 1958 to increase the ceiling amount upon which the Small Business Administration may guarantee a surety against loss up to $5 million as the result of breach of a bond by a small business concern where such bond is required in order for a small business to bid on a contract being let by an agency of the United States.

[AI summary unavailable — showing source text] Increases from $500,000 to $5,000,000 the ceiling amount, under the Small Business Investment Act, upon which the Small Business Administration may guarantee a surety against loss as the result of breach of a bond by a small business concern where such bond is required in order for a small business to bid on a contract being let by an agency of the United States.…