The SBA Today: It's Not Your Grandfather's Bond Guarantee Program
Recorded On: 12/14/2018
The U.S. Small Business Administration's Surety Bond Guarantee Program (SBG) is vastly different today from the one that began in 1971. Until a decade ago users found the SBG Program to be paper intensive, time consuming, and sometimes frustrating. Today the SBG Program is fast, simple, and streamlined with a paperless, web-based application process that requires only two or three forms beyond the typical surety underwriting package and provides approvals in time frames from just a few hours to less than two days.
Underwriting & Marketing Specialist, U.S. Small Business Administration, Surety Bond Guarantee Program
Tamara E. Murray is the Underwriting & Marketing Specialist for the U.S. Small Business Administration’s Surety Bond Guarantee Program in Denver, Colorado. Tamara joined SBA in 2007 and is responsible for marketing and outreach to the surety and small business community and underwriting review and approval of contract bond guarantee applications for an 18-state territory. Tamara works closely with bond agents and surety companies who provide over $6 billion in bond guarantees to small businesses annually. Her marketing efforts on behalf of SBA’s Bond Guarantee Program resulted in the publication of a professional article in the December 2014 issue of The Risk Management Association Journal entitled “Minimizing Contractor Defaults: SBA Surety Bond Guarantee Can Open Door to Bonding”.
Ms. Murray began her career in the surety industry in 1990 as the bond manager for a small independent bonding agency in Fort Worth, Texas and continued her surety career in Denver, Colorado as a contract bond underwriter for a small regional surety before joining the federal government.
Ms. Murray received her Associates degree in Accounting and Finance in 2000 from Tarrant County College and is currently attending Colorado State University working on her Bachelor’s in Marketing. Tamara resides in Brighton, Colorado where she enjoys gardening for flora and fauna and spending time with her granddaughter.