SFAA commends the U.S. Senate and House for passing the National Defense Authorization Act (NDAA) for Fiscal Year 2022, and including Section 877, which exempts the Miller Act from periodic indexing for inflation. SFAA would like to thank Miller Act exemption bill sponsors, Representatives Nydia Velazquez (D-NY) and Byron Donalds (R-FL), as well as Senators Robert Portman (R-OH), Gary Peters (D-MI) and Mazie Hirono (D-HI), for their leadership and commitment on the passage of this bill.

SFAA announced today the launch of its new brand and website. The new SFAA brand elevates the association’s identity and supports its mission to promote the value of surety and fidelity bonding and its vital protections through advocacy, outreach, promotion and education.

INVEST Act Guarantees Payment and Performance
Protections for Taxpayers, Workers, Small Businesses, Subcontractors and Suppliers…