SFAA and AMAC Sign Partnering Agreement to Aid Emerging Contractors

April 14, 2015

WASHINGTON, D.C. – The Surety & Fidelity Association of America (SFAA) and the Airport Minority Advisory Council (AMAC) are proud to announce a strategic alliance designed to increase diversity in the aviation sector of the construction industry by facilitating access to surety bonding opportunities and technical assistance for small and emerging contractors.

“SFAA is extremely pleased to partner with AMAC, an organization of strong leaders whose main objective is to ensure that qualified and sustainable minority contractors have access to those tools, such as bonding, that not only protect but empower its membership to grow sustainable businesses,” said Joanne Brooks, vice president and counsel for The Surety & Fidelity Association of America.

The partnership between SFAA and AMAC was developed from a mutual interest in ensuring that small contractors have the necessary resources to compete on aviation construction projects, since many small, emerging, and minority contractors face barriers in expansion due to an inability to obtain surety bonding.

“AMAC is excited about this strategic partnership with SFAA and the extensive resources that come with directly working with the surety industry.