The state of Arkansas enacted a new law concerning vendors within the state. Titled HB 1002/SB26, the new law asks vendors to acquire a performance bond, letter of credit or securities for contracts with the Arkansas Lottery Commission; the commission will establish the required surety bond amount. All lottery retailers also have to place a surety bond or alternative security in a quantity that cannot surpass the average ticket revenue throughout two billing periods. Any staff handling the Lottery Commission’s funds or lottery revenue must obtain a surety bond in an amount that the Commission will establish. HB 1002/SB26 became active on July 1, 2009.

A new law was enacted concerning guaranteed energy savings contracts in the state of Massachusetts. The new law, SB 2768, demands a performance bond for all guaranteed energy savings contracts. The performance bond quantity must be 100% of the contract value from a surety company licensed in the commonwealth and also must be listed on Circular 570 of the U.S. Treasury Department. Such energy savings contracts entail the procurement of energy management services in order to accomplish energy savings at public facilities and establishments.

On 05/26/2008, a new law was introduced referred to as HB 2436. The new North Carolina law permits the North Carolina Department of Health and Human Services to have discretion when requiring Medicaid-enrolled suppliers to provide a performance bond, letter of credit, or an alternative financial instrument in an amount no more than $100,000. Previous law required the bond as a stipulation of receiving Medicaid payments. HB 2436 states that the health department may require a surety bond when the provider has failed to display financial viability, if it is concluded that “significant potential” for deception and fraud existed, or if the department determines that it is best for the Medicaid program.