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What's New: Government Affairs

SFAA Urges EPA to Include Bonding Requirements in Regulations to Implement WIFIA

Wednesday, February 15, 2017  
SFAA Urges EPA to Include Bonding Requirements in Regulations to Implement WIFIA 

SFAA and NASBP submitted comments to the U.S. Environmental Protection Agency (EPA) to address an interim final rule to implement the Water Infrastructure Finance and Innovation Act (WIFIA). The law allows the EPA to provide secured loans and loan guarantees to eligible water infrastructure projects. The EPA will enter into credit agreements that are negotiated between the project sponsor and the EPA. The regulations largely deal with repayment of WIFIA loans and loan guarantees. The comments from SFAA and NASBP urge that the interests of the federal government should be protected on water projects, including when federal funds are at risk, through bonding requirements.

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



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