SBA offers $10 million surety bond guarantee

first_imgBuilding on Recovery Act provisions implemented earlier this year, the U.S. Small Business Administration announced today it can now provide surety bond guarantees on federal contracts valued at up to $10 million, if the contracting officer certifies that the guarantee is in the best interests of the government. An Interim Final Rule is available for public inspection at The Federal Register.Currently, under a related provision of the Recovery Act that was implemented in March, SBA can provide bond guarantees up to $5 million through September 2010 on all public and private contracts and subcontracts. SBA partners with the surety industry to help small businesses that would otherwise be unable to obtain bonding in the traditional commercial marketplace. Under the partnership, SBA provides a guarantee to the participating surety company of between 70 and 90 percent of the bond amount. Raising the surety bond limit is a critical step in making sure small businesses in the construction and service sector have access to federal contracting opportunities that will help drive economic recovery, SBA Administrator Karen Mills said. These changes support small and emerging businesses nationwide, particularly construction contractors who have seen their markets hurt by a poor economy and lagging construction.Additional program enhancements published in the rule include:a new small business size standard for this program;authorization for SBA to exercise discretion in deciding bond liability issues; and,a definition of Order issued under an Indefinite Delivery Contract.The new size standard (which will be in effect until Sept. 30, 2010) temporarily replaces the current size standard for the surety bond guarantee program. It states that a business is small if the business, combined with its affiliates, does not exceed the size standard designated for the primary industry of the business combined with its affiliates. The North American Industry Classification System (NAICS) Codes contained in 13 CFR Part 121 establishes size standards for all industries is external)….Through its Bond Guarantee program, SBA will also help by guaranteeing bid, payment and performance bonds to protect the project owner against financial loss if a contractor defaults or fails to perform.Finally, the rule adds a definition for an Order issued under an Indefinite Delivery Contract to clarify that SBA bond guarantees apply to individual orders, as well as contracts.SBA assistance in locating a participating surety company or agent, and completing application forms, is available online. For more information on SBA s Surety Bond Guarantee Program, including Surety Office contacts, go online to is external) , or call 1-800-U ASK SBA.Source: SBA. July 23, 2009.last_img read more

Groups confirmed for the FIFA eClub World Cup 2020

first_imgFollowing an exciting online qualification phase involving over 190 teams, the groups for the FIFA eClub World Cup  2020 have been set following the Draw, which took  place on Tuesday at the Home of FIFA in Zurich, Switzerland. FIFA President Gianni Infantino Twenty-four of the world’s best teams, consisting of an elite group of competitive FIFA players, will battle it out in a unique 1v1 and 2v2 format in Milan, Italy from7-9 February. After a round-robin group stage, teams will compete in the knockout phase to find out who will be crowned the official club team world champions of competitive FIFA.Advertisement Loading… Promoted ContentWhat Are The Most Delicious Foods Out There?9 Facts You Should Know Before Getting A TattooBirds Enjoy Living In A Gallery Space Created For ThemSuperhero Castings That People Hated But Were Amazing7 Ways To Understand Your Girlfriend Better2020 Tattoo Trends: Here’s What You’ll See This Year6 Extreme Facts About Hurricanes6 Great Ancient Mysteries That Make China Worth Visiting8 Best 1980s High Tech Gadgets15 Extremely Surprising Facts About Disney PrincessesCan Playing Too Many Video Games Hurt Your Body?This Guy Photoshopped Himself Into Celeb Pics And It’s Hystericalcenter_img As part of FIFA’s initiative to involve clubs and organisations in order to further improve its competitions, Tuesday’s draw took place during a dedicated workshop involving participating clubs at the Home of FIFA. Read Also:2022 FIFA World Cup Qatar: Underrate CAR, Liberia, Cape Verde at your peril, Esin warns Nigeria A total of 100,000 USD and essential Global Series points on the Road to the FIFA eWorld Cup™ 2020 will be distributed amongst the 24 participating teams. FacebookTwitterWhatsAppEmail分享 last_img read more

Bucksport girls beat Searsport; boys lose close game

first_imgBUCKSPORT — It was a tale of two different games between the Bucksport and Searsport boys’ and girls’ basketball teams Friday.In front of a packed house at Ralph Jewett Gymnasium, Bucksport had to settle for a split on the season’s opening night. The girls’ team used a strong defensive performance to top Searsport 48-25, but the boys’ team saw a late lead slip away in a 38-37 loss.Girls’ team strong on defense in victoryDon Allen will be the first to say his team prides itself on defense, and the Bucksport girls showed it in the team’s season-opening win.This is placeholder textThis is placeholder textSearsport kept the game close in the first half, but that didn’t hold true for long. Just as Bucksport did in its preseason win over Ellsworth earlier this month, the Golden Bucks turned a slight halftime advantage into an even bigger lead in the third quarter by keeping the visiting Vikings away from the basket.“I always say to them, ‘If you play good defense, you’re going to be able to compete in any game against anybody,’” said Allen, the team’s head coach. “We were a little jittery and nervous on that end to start the game, but after I got them to calm down a bit, we played very well.”The Vikings, which trailed 21-16 at the half, scored just seven points in third quarter and two points in the fourth. Bucksport (1-0) only allowed one Searsport player to make more than two field goals.Bucksport senior Bree Coombs’ performance in the second half was essential to the team’s win. Coombs scored 12 points in the third quarter to help the Golden Bucks pull away and also forced Searsport into committing several turnovers.“She’s going to be key for us this year,” Allen said. “We play her everywhere, and she’s a natural leader who can get in there and play well at all five positions.”Coombs led Bucksport with 19 points overall and was the only player for either team to make a 3-pointer, which she did three times. Zoe Erickson added 12 points for the Golden Bucks, and Cassie Coombs scored nine.Bucksport’s home game against Sumner, which was scheduled for Monday, was postponed because of weather conditions. No makeup date has been announced yet. The team’s next game will be on the road against the John Bapst Crusaders (2-0) at 7 p.m. Thursday, Dec. 15.Boys come up just short in tight gameA late turn of events gave Searsport a close victory over the Bucksport boys in the doubleheader’s closing game.The game was close the entire way and was tied at 30 going into the fourth quarter. After a basket that appeared to have put Bucksport in excellent position to win with time winding down was waved off, Searsport scored the final four points of the game to beat the Golden Bucks 38-37.With 44.7 seconds left to play, the Golden Bucks sent the crowd wild when the team made a layup that would have put the team up five points. Yet the referee waved off the basket because of a travel and also called a technical foul on a Bucksport player who complained about the call.Searsport was awarded two free throws and the ball as a result of the technical, and the Vikings took full advantage. After Barrett Grant made both free throws to cut the lead to two points, the visitors drove to the hoop for another basket to take the lead. Bucksport was unable to score on the ensuing possession, and Searsport came away with an unlikely win to open the 2016-17 season.Tanner Stegner led Bucksport with 11 points, seven of which came in the fourth quarter. Chase Carmichael scored eight points, Jakob Donnell added six and Tyson Gray had five. Searsport got 12 points each from Liam MacMillan and Barrett Grant.Bucksport (1-1) also beat Sumner 59-52 on Tuesday. The team’s next game will be on the road against John Bapst (1-0) at 7 p.m. Friday, Dec. 16. Hospice volunteers help families navigate grief and find hope – September 12, 2020 Bio Mike MandellMike Mandell is the sports editor at The Ellsworth American and Mount Desert Islander. He began working for The American in August 2016. You can reach him via email at [email protected] Latest Postscenter_img MPA approves golf, XC, field hockey, soccer; football, volleyball moved to spring – September 10, 2020 Latest posts by Mike Mandell (see all) Ellsworth runners compete in virtual Boston Marathon – September 16, 2020last_img read more

Sharapova splits with Dutch tennis coach

first_imgJiro Manio arrested for stabbing man in Marikina “Maria has been one of the most hardworking and professional players I have ever worked with. Her strength and fighting spirit will continue to be a force to reckon with and I have the deepest respect for her as a player and person,” said Groeneveld of the Netherlands.For Sharapova the loss to the 20-year-old Osaka was another painful reminder that it’s back to the drawing board for the Russian as she makes her way back from a 15-month drugs ban.It was her second first round loss in a row after she withdrew from the Dubai tournament with a forearm injury.In her only Grand Slam appearance this year, Sharapova reached the third round of the Australian Open before losing to Angelique Kerber.ADVERTISEMENT View comments Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Curry, Bell, Iguodala out for Warriors in Portland Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew It’s too early to present Duterte’s ‘legacy’ – Lacson Don’t miss out on the latest news and information. UK plans Brexit celebrations but warns businesses may suffer Sports Related Videospowered by AdSparcRead Next “After four successful and challenging years of collaboration together, I would like to thank Sven for his incredible loyalty, work ethic and most importantly the friendship that we have formed that will go beyond this working partnership,” Sharapova said in a news release.“Although we have mutually agreed to part ways during this time, I have been incredibly fortunate to have a team leader like him in my corner.”FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crownSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkThe former world number one, and twice a winner in the California desert, suffered a stunning defeat on Wednesday to Japanese No. 1 Naomi Osaka, losing in straight sets, 6-4, 6-4.Sharapova was one of the tournament’s major attractions after missing the last two. MOST READ FILE-Maria Sharapova of Russia talks with her coach Sven Groeneveld during a match against Dania Gavrilova of Russia during Day 4 of the Miami Open presented by Itau at Crandon Park Tennis Center on March 26, 2015 in Key Biscayne, Florida. Mike Ehrmann/Getty Images/AFPFive-time Grand Slam winner Maria Sharapova has decided to split with her tennis coach Sven Groeneveld following her shock first round exit from the WTA Indian Wells tournament.After four years of working together, the decision to go their separate ways was a mutual one, Sharapova said on Friday.ADVERTISEMENT Steam emission over Taal’s main crater ‘steady’ for past 24 hours Sea turtle trapped in net freed in Legazpi City Phivolcs records 2 ‘discrete weak ash explosions’ at Taal Volcano LATEST STORIES Phivolcs records 2 ‘discrete weak ash explosions’ at Taal Volcano GALLERY: Barangay Ginebra back as PBA Governors’ Cup kingslast_img read more

Chelsea into FA Cup semis, to face Southampton as Utd pair Spurs

first_img0Shares0000Chelsea will face Southampton in the semisLEICESTER, United Kingdom, Mar 18 – Pedro Rodriguez came off the bench to halt Chelsea’s slide with an extra-time winner in a 2-1 victory at Leicester on Sunday to reach the FA Cup semi-finals.Chelsea will now face Southampton in the last four while Manchester United will take on Tottenham Hotspur in a mouth watering clash. Alvaro Morata’s first goal since Boxing Day on his return to the Chelsea starting line-up put the visitors on course to bounce back from their Champions League elimination at the hands of Barcelona in midweek.However, Jamie Vardy’s equaliser 15 minutes from time made them do it the hard way in an extra 30 minutes.Yet, for all Antonio Conte’s complaints this season about his side’s strength in depth, the Italian was able to call on Pedro to turn the game in Chelsea’s favour when he headed home former Leicester favourite N’Golo Kante’s cross.Chelsea had lost three of their past four matches to fall behind in the race for a top-four finish in the Premier League as well as their European exit.But victory does at least keep their chances of silverware to end the season alive.Chelsea will meet Southampton in the last four, while Manchester United face Tottenham Hotspur for a place in the final.Both Morata and Pedro had a point to prove after being left out of the Spain squad on Friday just three months ahead of the World Cup.Morata was recalled for just his second start since the sides last met in a 0-0 draw at Stamford Bridge back in January.And after a quiet start, Chelsea’s club record £70 million buy from Real Madrid was presented with his first big chance of the afternoon when he was brilliantly picked out by Marcos Alonso’s low cross, but his shot was far too close to Kasper Schmeichel.– Morata ends drought –Chelsea’s Alvaro MorataMorata headed another half-chance from a teasing Willian cross over and then hit the outside of the post from the narrowest of angles.The goal he craved finally arrived three minutes before half-time, but much of the credit must go to Willian who surged through the heart of the Leicester midfield on the counter-attack before feeding Morata.And Morata coolly clipped the ball beyond the advancing Schmeichel with an assuredness unbefitting of a striker who had gone 13 games without a goal.Despite going in front, Conte still withdrew Tiemoue Bakayoko at half-time after another awful 45 minutes for the Frenchman in a desperately disappointing debut season in English football following a £40 million move from Monaco.The visitors were happy to take their chances on the counter-attack in the second period as they began to feel the after-effects of their run around at Barcelona in midweek.Leicester’s search for an equaliser was largely laboured and, even when a big chance did arise, Vardy headed wastefully over when completely unmarked inside the area.However, the England international made amends 15 minutes from time when he forced the ball home at the third attempt after Vicente Iborra’s first two efforts were blocked and then saved by Willy Caballero.Only a fine low save from Caballero prevented Vardy from turning the tie completely around eight minutes later as both sides settled for extra time.Crucially, Conte was able to refresh his side as Pedro, Gary Cahill and Olivier Giroud were all introduced in the first half of extra time.And it was Pedro who proved the match winner in unfamiliar fashion as he rose to outjump Schmeichel and nod into an unguarded net.0Shares0000(Visited 1 times, 1 visits today)last_img read more