bookmark_borderSFAA Newsletter posted – January/February 2018 Edition

The 2018 January/February Edition of the SFAA Newsletter has been posted.  Beginning this year, each Newsletter will be available to the public. In addition to our regular Association news, we will be providing original content for our members and supporters to share. In this issue, we examine Carillion’s Collapse and Why Bonding Matters.

(for non-Members)

(for Members only)


bookmark_borderSFAA Bill to Address Missouri Case Law on Bonding Public Works Projects Introduced

SFAA Bill to Address Missouri Case Law on Bonding Public Works Projects Introduced 

Missouri HB 2453 would amend the existing procurement law to clarify that bonds are require when a construction manager agency is used.

Members should visit Government Relations / General Info (Members) for more information.


bookmark_borderSFAA Addressing Proposed Bond Threshold Increase and P3 Pilot Program in Vermont

 SFAA Addressing Proposed Bond Threshold Increase and P3 Pilot Program in Vermont 

SFAA is addressing HB 917, which would increase the bond threshold from $100,000 to $500,000.  As drafted, the bill would have provided for a $1 million bond threshold.  The bill also would provide for a pilot program for the Agency of Transportation to enter into public-private partnerships (P3s) for transportation infrastructure projects.  The state legislature would set the requirements and would have to approve each P3 project, unless the project will have a project lifetime cost that is less than $2 million or the project has been approved in the most recently adopted Transportation Program.  The bill does not specify a bonding requirement for this P3 program.  The program would expire on July 1, 2023.

Members should visit Government Relations / General Info (Members) for more information.


bookmark_borderUpcoming Meeting Materials Posted

 Meeting Materials for upcoming meetings have been posted for Members: 

Upcoming:

Past:

Members may register online for upcoming meetings or get more meeting details  at http://www.surety.org/events/event_list.asp