Silver and Gold Awards for Excellence in Surety Bond Promotion are presented to LSAs that conduct at least five and 10 public relations and educational activities, respectively, in a calendar year to promote the use of contract surety bonds in construction. The Advocacy Award is for LSAs that conduct significant activities advocating for suretyship, other than public relations or educational, such as fighting legislative efforts to waive bonds or increase bond thresholds, or advocating for reasonable bond forms.
Platinum Awards for Excellence in Surety Bond Promotion are presented to an individual NASBP or SFAA member whose efforts to promote contract surety bonds have had a significant impact on the surety industry. This award is not based on the volume of activities, but on the successful outcome of the individual’s actions in promoting the value and benefits of contract surety bonds. Winners must be current (2023-2024) dues paid NASBP or SFAA members.
NASBP and SFAA members who successfully persuade private owners or lenders to specify contract surety bonds on their projects are eligible to be inducted into the prestigious Tiger Trust. Winners must be current (2023-2024) dues paid NASBP or SFAA members.