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What's New: Government Affairs

SFAA and AIA Seeking to Ensure Bonding Required for WIFIA Projects

Wednesday, September 14, 2016  
  SFAA and AIA Seeking to Ensure Bonding Required for WIFIA Projects 

SFAA is addressing the requirements for projects that receive federal financing to ensure that it is clear that bonding is required. This year, we have focused on the Water Infrastructure Finance and Innovation Act (WIFIA) to seek amendments that clarify that any state water project receiving financing through this infrastructure bank must require bonding to qualify for WIFIA financing. We currently are addressing the Environmental Protection Agency's upcoming regulations to implement the current WIFIA law that will be released later this year.

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

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