Industry rejoices Infrastructure Investment and Jobs Act passage

Source: Rock Products Magazine Materials groups and allied organizations up and down the construction value chain are hailing the business prospects tied to the Infrastructure Investment and Jobs Act, bound for the White House after passing the U.S. House on November 5. Rock Products staff tracks the money and industry feedback in a full report.

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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…

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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.

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