 | End of 2018 Legislative Session reports have been added for Oregon and updated for New Mexico for Members only. |
Navigate to Government Relations / End of Legislative Session Reports
Category: Performance Bond Articles
Performance bond articles
bookmark_borderENR Surety Section posted
bookmark_border2018 Public Private Partnership (P3) State Legislation
 | 2018 Public Private Partnership (P3) State Legislation |
Members should visit Government Relations / General Info (Members) for more information.
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.
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bookmark_border2003-2018 Case Summary lists updated
 | Case Summary Reports have been posted for Members, Subscribers, Claims Advisors and Case Summary Subscribers:
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Members should navigate to the Claims page.
Subscribers should navigate to the Home / Subscriber Home Page.
Claims Advisors should navigate to the Home / Claims Advisors Home Page.
Case Summary Subscribers should navigate to Home / Case Summary Subscriber Home Page.
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_borderCPP Social Engineering Fraud Filing status report posted
| CPP Social Engineering Fraud Filing (SFAA-F-299; XX-FM-22; XX-FLC-15) Status Report posted for Members on the Regulatory Filings / Countrywide Filings (pending) page. |
bookmark_borderSFAA Working on Oklahoma Bill that Prohibits Retainage When Bonds are in Place
 | SFAA Working on Oklahoma Bill that Prohibits Retainage When Bonds are in Place |
SFAA and AIA are working with the local surety association in Oklahoma to address HB 2676, which would prohibit the withholding of retainage from the general contractor on public buildings and public works projects if bonds under the Little Miller Act are in place. Oklahoma’s bond threshold is $50,000, and existing law provides that not more than 5% of the contract price may be withheld. For subcontractors, the bill provides that either retainage of not more than 5% may be withheld or performance and maintenance bonds could be required as a condition of the subcontract.
Members should visit Government Relations / General Info (Members) for more information.
bookmark_borderThis Week in Surety & Fidelity Legislation
| The Weekly Legislation Report posted has been posted. SFAA has replaced the monthly overview reports with the weekly legislative update on Surety & Fidelity legislation. Reports are available for Members on the Weekly Legislative Reports page. |
Members may sign up to receive email notifications by subscribing to the “Legislative-Regulatory Alert” group.
bookmark_borderSFAA Bill to Address Missouri Case Law on Bonding Public Works Projects Passed out of Committee
| SFAA Bill to Address Missouri Case Law on Bonding Public Works Projects Passed out of Committee |
Missouri HB 2453 would amend the existing procurement law to clarify that bonds are required when a construction manager agency is used. The bill has passed out of committee in the House.
Members should visit Government Relations / General Info (Members) for more information.