Surety groups: Miller Act indexing exemption protects suppliers, subs

Sources: Surety & Fidelity Association of America (SFAA), National Association of Surety Bond Producers (NASBP), Washington, D.C.; CP staff SFAA and NASBP endorse House legislation that will maintain essential payment protections for subcontractors, suppliers, and workers on federal construction contracts of $150,000 or more. Sponsored by Congresspersons Nydia Velasquez (D-N.Y.) and Byron Donalds (R-Fla.), H.R. 2949 exempts the threshold in…

Read More

Law authorizes Concrete Masonry Check-Off referendum

Sources: National Concrete Masonry Association, Herndon, Va.; CP staff

The Concrete Masonry Products Research, Education and Promotion Act, providing Congressional authorization for concrete block and brick stakeholders to pursue an industry-wide referendum on a national commodity check-off program supporting industry initiatives, was signed into law October 5 as part of the Federal Aviation Administration Reauthorization Act of 2018.

Read More