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You are here: Home » News & Events » Industry Insider

Valuable headlines across the industry

SFAA’s Industry Insider is your resource for important news across the industry. Compiled by SFAA’s Marketing & Communications team, this weekly newsletter shares the latest headlines in the areas of advocacy, construction, public-private partnerships, commercial surety and fidelity.

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Latest Edition

Industry Insider – May 20, 2021

May 20, 2021/in INDUSTRY INSIDER /by SFAA

Advocacy in the Industry

SFAA & NASBP Issue Revised Electronic Surety Bonding Guidelines
SFAA & NASBP | May 19, 2021

Register for the 2021 Transportation Construction Coalition Virtual Fly-In
Transportation Construction Coalition | May 20, 2021

House Republicans Introduce $400 Billion Transportation Bill as Another Option for Infrastructure
CNBC | May 19, 2021


Construction

Home Building Costs Soar Due to Government Regulations, Material Price Increases
Construction Dive | May 18, 2021

Gov. Pritzker Announces 6-Year, $20.7 Billion Construction Plan For Illinois
25 News-Week | May 19, 2021

Newsom Offers $1 Billion to Complete ‘Critical’ Transit Projects Before 2028 Olympics
Los Angeles Times | May 15, 2021

Brightline Extension to Orlando is Halfway Complete
Mass Transit Magazine | May 20, 2021


Public Private Partnership

Maryland Scales Back Most Controversial Part of Beltway Toll Lanes Plan
Washington Post | May 12, 2021


Commercial Surety

Colorado Insurance Data Bill Gets Major Makeover to Benefit of Worried Industry
Denver Business Journal | May 13, 2021

DeWine Signs Bill Establishing Broadband Grant Program, Allocates $20 Million
Columbus Dispatch | May 17, 2021


Fidelity

Man Used Phishing Techniques to Steal $11 Million from Company in BEC Scheme
Federal Bureau of Investigation | April 26, 2021

Insurer AXA Halts Ransomware Crime Reimbursement in France
US News | May 6, 2021

https://surety.org/wp-content/uploads/2021/09/II_Header.jpg 216 571 SFAA https://surety.org/wp-content/uploads/2021/07/SFAA-Logo-FullColor-RGB.png SFAA2021-05-20 13:23:442021-09-02 14:40:17Industry Insider – May 20, 2021

Industry Insider – May 13, 2021

May 13, 2021/in INDUSTRY INSIDER /by SFAA

Advocacy in the Industry

Biden Meets With Congressional Leaders in Push for $2 Trillion Infrastructure Bill
NBC News | May 12, 2021

United for Infrastructure 2021: A Week to Champion America’s Infrastructure
United for Infrastructure | May 10-14, 2021

SFAA & NASBP Strongly Support Miller Act Indexing Exemption
SFAA & NASBP | May 4, 2021

Underwriters Support Payment Protections For TIFIA-Funded Project Subs
Concrete Products | April 28, 2021


Contract Surety

Notice by Email was Sufficient for Miller Act Bond Claim
Commonsense Construction Law | May 7, 2021


Construction

Nonresidential Construction Outlays Drop in March for Fourth-Straight Month as Weak Demand, Supply-chain Woes Make Further Declines Likely
Associated General Contractors | May 3, 2021

5 of the Highest-Priced Infrastructure Earmarks Requested by Lawmakers
Construction Dive | May 12, 2021

U.S. Gives Go-Ahead for Its First Major Offshore Wind Farm
CNBC | May 12, 2021

High-Speed Rail Gets Moment in Congressional Spotlight
Smart Cities Dive | May 7, 2021


Public-Private Partnership

Capital Beltway Removed From Highway Widening Plan, Leaving I-270
Bethesda Magazine | May 12, 2021


Commercial Surety

Rep. Diana Harshbarger Introduces Occupational Licensing Reform
WJHL | May 12, 2021

Vermont Senate Approves $100 Million To Expand, Improve Broadband Service
Valley News | May 12, 2021


Fidelity

Ransomware Attack Leads to Shutdown of Major U.S. Pipeline System
Washington Post | May 8, 2021

Cybercriminals Exploit These Cognitive Biases The Most
Security Magazine | May 13, 2021

https://surety.org/wp-content/uploads/2021/09/II_Header.jpg 216 571 SFAA https://surety.org/wp-content/uploads/2021/07/SFAA-Logo-FullColor-RGB.png SFAA2021-05-13 13:34:552021-09-03 11:00:03Industry Insider – May 13, 2021

Industry Insider – May 6, 2021

May 6, 2021/in INDUSTRY INSIDER /by SFAA

Advocacy in the Industry

SFAA & NASBP Strongly Support Miller Act Indexing Exemption
SFAA & NASBP | May 4, 2021

Senate Passes Bipartisan $35B Water Infrastructure Bill
The Hill | April 29, 2021

Register for the 2021 Transportation Construction Coalition Virtual Fly-In
Transportation Construction Coalition | May 20, 2021


Contract Surety

Underwriters Support Payment Protections for TIFIA-Funded Project Subs
Concrete Products | April 28, 2021


Construction

Road Builders to Benefit the Most From an Infrastructure Deal, Economist Says
Construction Dive | April 29, 2021

Newark Airport Operator Picks Shortlist for $2.1 Billion AirTrain Project
Wall Street Journal | May 5, 2021

Tennessee DOT’s Three-Year Plan Allots $2.6 Billion for Infrastructure Investments
The Trucker | May 5, 2021

Apple Announces $430B Expansion
Construction Dive | May 4, 2021

Biden’s Next 100 Days: Major Impacts Expected for the Construction Industry
Engineering News-Record | April 30, 2021


Public-Private Partnership

Proposed Des Moines Soccer Stadium Project ‘At Risk’ Without State Funding
Business Record | May 5, 2021


Commercial Surety

South Carolina Bill Moving Through Legislature Would Allow DACA Recipients and Human Trafficking Victims To Obtain Occupational Licenses
WCSC | April 30, 2021

The California DFPI Issues Proposed Regulations To Implement New Debt Collection Licensing Act
JD Supra | May 4, 2021


Fidelity

Hackers Exploit System Loopholes With Ransomware
Business Insurance | May 4, 2021

Former Bookkeeper Pleads Guilty in Federal Court To Embezzling More Than $1,000,000 From Charleston Real Estate Company
Department of Justice | April 29, 2021

https://surety.org/wp-content/uploads/2021/09/II_Header-2.jpg 216 571 SFAA https://surety.org/wp-content/uploads/2021/07/SFAA-Logo-FullColor-RGB.png SFAA2021-05-06 13:38:152021-09-02 14:52:00Industry Insider – May 6, 2021

Industry Insider – April 29, 2021

April 29, 2021/in INDUSTRY INSIDER /by SFAA

Advocacy in the Industry

SFAA Participates in Launch of Bipartisan Caucus to Simplify and Strengthen Federal Construction Procurement
Government Executive | April 22, 2021

Transportation Construction Coalition Opposes Minimum Insurance Hike
Land Line Media | April 28, 2021

Infrastructure Investment – Increased Economic Growth and Opportunities for Insurers
Zurich Advocacy | April 22, 2021

Census Shows South and Mountain West Gain Political Power From Population Growth
Wall Street Journal | April 26, 2021


Contract Surety

Pandemic Creates Cause to Rethink Overlooked Contract Provisions
JD Supra | April 27, 2021


Construction

Amid Delays and Rising Prices, Contractors Turn to Tech to Mitigate Supply Disruptions
Construction Dive | April 28, 2021

St. Jude Hospital’s Expansion to Require $1.9B in Construction Contracts
Engineering News-Record | April 28, 2021

Mayor Lightfoot Launches Chicago Works Infrastructure Plan
Chicago Defender | April 27, 2021

Apple to Build $1-Billion East Coast Campus in North Carolina
Engineering News-Record | April 27, 2021


Public-Private Partnership

Confidential Bid Protest Stalls $11B Maryland Beltway P3
Engineering News-Record | April 23, 2021


Commercial Surety

Gov. Kelly Signs Military Spouse Occupational Licensing Bill
KSNT | April 21, 2021

Gov. Justice Signs Bill Setting Up State Wind and Solar Reclamation Bonding Program Into Law
Charleston Gazette-Mail | April 27, 2021


Fidelity

Most Companies Address Cyber Risk Reactively: Report
Business Insurance | April 19, 2021

Former DRWC Bookkeeper Charged With Stealing $2.6 Million
U.S. Department of Justice | April 27, 2021

https://surety.org/wp-content/uploads/2021/09/II_Header-3.jpg 216 571 SFAA https://surety.org/wp-content/uploads/2021/07/SFAA-Logo-FullColor-RGB.png SFAA2021-04-29 13:42:162021-09-02 14:53:39Industry Insider – April 29, 2021

Industry Insider – April 22, 2021

April 22, 2021/in INDUSTRY INSIDER /by SFAA

Advocacy in the Industry

Virtual Launch of the Construction Procurement Caucus Held Today
Construction Industry Procurement Coalition | April 22, 2021

GOP Senators Release Outline of $568 Billion Infrastructure Plan
Wall Street Journal | April 22, 2021

House Passes Cannabis Banking Bill
The Hill | April 20, 2021


Contract Surety

Wash Your Hands and Read Your Contract: COVID-19 Reminders for the Construction Industry
JD Supra | April 19, 2021


Construction

Industry Battles Cost, Supply, Labor Issues Amid Construction Boom Gains
Construction Equipment Guide | April 21, 2021

Capital Programs Continue to Drive Rail Projects Forward
Mass Transit Magazine | April 21, 2021

Utah DOT to Work on 185 Transportation Construction Projects in 2021
Roads and Bridges | April 19, 2021

Milestone Reached for 14-acre Jersey City Mixed-Use Project
Construction Dive | April 19, 2021

RIDOT Kicks Off 2021 Construction Season of $1.4 Billion in Projects
ABC 6 | April 19, 2021


Public-Private Partnership

Public-Private Group Seeks $17.3M in Revenue Bonds for Renovation of 4 Senior Housing Facilities
Wichita Business Journal | April 19, 2021

L.A. Metro Steps into Unchartered Territory with Unique Public-Private Venture
Railway Track and Structures | April 21, 2021


Commercial Surety

Bill Increasing Professional & Occupational Licensing Mobility Across State Lines Passes in Oklahoma Senate
KFOR | April 21, 2021

Maryland Legislature Passes Sports Wagering Bill with Expansive Licensing Opportunities and Targeted Support for Women and Minorities
Duane Morris Law | April 19, 2021


Fidelity

Connecticut Nursing Home Operator Sentenced to Prison for Embezzlement and Tax Offenses
Department of Justice | April 20, 2021

https://surety.org/wp-content/uploads/2021/09/II_Header-4.jpg 216 571 SFAA https://surety.org/wp-content/uploads/2021/07/SFAA-Logo-FullColor-RGB.png SFAA2021-04-22 13:57:302021-09-02 14:55:05Industry Insider – April 22, 2021

Industry Insider – April 15, 2021

April 15, 2021/in INDUSTRY INSIDER /by SFAA

Advocacy in the Industry

SFAA Weighs In on Department of Interior Virtual Forum Discussion on U.S. Energy Development Programs
The Surety and Fidelity Association of America | April 15, 2021

Transportation Issues Front and Center This Week in D.C.
LandLine Media | April 12, 2021

In a Bipartisan Meeting, Biden Makes the Case for His Infrastructure Plan
New York Times | April 12, 2021

Chair DeFazio Joins Committee Members in Virtual Roundtables Across the U.S. to Discuss the Urgent Need for Transformational Infrastructure Investments
House Transportation & Infrastructure Committee | April 9, 2021

Senate Confirms Polly Trottenberg As Deputy Transportation Secretary
Washington Post | April 15, 2021


Construction

ODOT Kicks Off 2021 Construction Season with $540 Million in Planned Road and Bridge Projects
Columbus Dispatch | April 7, 2021

Las Vegas City Council Green Lights Mass Transit Proposal
Engineering News-Record | April 14, 2021

White House Identifies the 7 Worst States for Infrastructure
Construction Dive | April 15, 2021

$100M Mixed-Use Development in Village of Providence Starts Construction
Huntsville Business Journal | April 13, 2021

Soaring Material Prices, Supply Chain Delays Spook Owners and Developers
Construction Dive | April 12, 2021


Public-Private Partnership

Third Attempt to Tighten Md.’s Public-Private Partnership Law Fails in Senate
Washington Post | April 15, 2021

Florida Panthers Break Ground on $65M War Memorial Auditorium Renovation
South Florida Business Journal | April 14, 2021


Commercial Surety

Florida Occupational Licensing ‘Deregathon’ Continues As ‘Journeyman’ Bill Advances
Center Square | April 6, 2021

West Virginia Legislature Passes 2021 Broadband Bill
GovTech | April 12, 2021


Fidelity

Former Weyerhaeuser Employee Sentenced to Federal Prison for Multi-Million Dollar Fraud Scheme
Department of Justice | April 14, 2021

State of Michigan Employee Charged with Embezzling More Than $850K Through Well Permit Program
Detroit News | April 14, 2021

White House Blames Russian Spy Agency SVR for Solarwinds Hack: Statement
Reuters | April 15, 2021

https://surety.org/wp-content/uploads/2021/09/II_Header-5.jpg 216 571 SFAA https://surety.org/wp-content/uploads/2021/07/SFAA-Logo-FullColor-RGB.png SFAA2021-04-15 14:00:042021-09-02 14:11:21Industry Insider – April 15, 2021

Industry Insider – April 8, 2021

April 8, 2021/in INDUSTRY INSIDER /by SFAA

Advocacy in the Industry

SFAA and NASBP Host the Industry’s Largest Congressional Fly-In to Date; Highlights Surety Industry Supported Bill Providing Essential Protections on TIFIA Financed Projects
SFAA and NASBP | March 25, 2021

Biden Infrastructure Plan Seeks $571 Billion in Transport Funds
Bloomberg | April 7, 2021

Fact Sheet: The American Jobs Plan
White House | March 31, 2021


Contract Surety

Time to “Pay” Attention to Payment Provisions for Construction Contracts in Massachusetts
JD Supra | April 1, 2021


Construction

Construction Employment Rebounds in March Following February Drop, But Rising Costs, Supply-Chain Woes, and Cancellations Threaten Outlook
Associated General Contractors | April 2, 2021

New Details Emerge for Philadelphia’s $2.5B Navy Yard Project
Construction Dive | April 6, 2021

Washington Transportation Plans Pit Roads Against Public Transit in Budget Battle
Center Square | April 7, 2021

Nearly $1B in Construction Projects Scheduled for Region’s Roadways, Bridges
Dayton Daily News | April 7, 2021

Amtrak Proposes Making Madison a Wisconsin Railway Hub
Daily Cardinal | April 2, 2021

New Orleans Convention Center Authority Picks Developer for $1B Mixed-Use Project
Construction Dive | April 7, 2021


Public-Private Partnership

New Private-Public Approach Paying Off in Delaware Job Wins
Delaware Business Times | April 6, 2021

Historic Rail Deal Finalized in Virginia
Southern Environmental Law Center | April 7, 2021


Commercial Surety

Baltimore City Council Passes Bill Offering Renters Security Deposit Alternatives Over Concerns From Some Members
Baltimore Sun | April 5, 2021

Study: Occupational Licensing Carries $56M Cost in Alabama
Birmingham Business Journal | April 6, 2021


Fidelity

533 Million Facebook Users’ Phone Numbers And Personal Data Have Been Leaked Online
Business Insider | April 3, 2021

Sonny DiCrecchio Will Plead Guilty to Massive Embezzlement Scheme at Philly Produce Market
Philadelphia Magazine | April 6, 2021

https://surety.org/wp-content/uploads/2021/09/II_Header-6.jpg 216 571 SFAA https://surety.org/wp-content/uploads/2021/07/SFAA-Logo-FullColor-RGB.png SFAA2021-04-08 14:12:052021-09-02 14:13:55Industry Insider – April 8, 2021

Industry Insider – April 1, 2021

April 1, 2021/in INDUSTRY INSIDER /by SFAA

Advocacy in the Industry

SFAA and NASBP Host Virtual Legislative Fly-In, Largest Participation to Date
SFAA & NASBP | March 25, 2021

Biden Infrastructure Plan Aims to Boost Economy’s Productivity Over Time
Wall Street Journal | April 1, 2021

What’s in Biden’s Infrastructure Plan?
New York Times | March 31, 2021


Contract Surety

SFAA and NASBP Submit Comment Letter on DFW Bond Forms
SFAA & NASBP | March 29, 2021

Water Street Tampa Partners Facing $30M in Disputes Over Unpaid Construction, Labor
Tampa Bay Times | March 31, 2021


Construction

President Outlines $2T-Plus Jobs Package Centered on Infrastructure
Engineering News-Record | March 31, 2021

Buttigieg: $11.6B Hudson River Tunnel a Biden DOT Priority
Construction Dive | March 31, 2021

New Orleans Officials Select Developer for $1-Billion Riverfront Project
Engineering News-Record | March 30, 2021

$9.5B Los Angeles-Area Rail Project Awards 2 Pre-Development Agreements
Construction Dive | March 30, 2021


Public-Private Partnership

Pennsylvania Senate Panel Advances Public-Private Partnership Bill
Land Line Media | March 25, 2021

CSX, Amtrak and Virginia Formalize Public-Private Partnership

Freight Waves | March 31, 2021

Maryland Explores Tightening Law on Public-Private Partnerships Amid Proposal to Build New Toll Lanes
Washington Post | March 27, 2021

Camden Considers Public-Private Partnership to Upgrade Harbor Infrastructure
Mainebiz | March 19, 2021


Commercial Surety

WV Senate Passes State Wind and Solar Reclamation Bonding Program
Charleston Gazette-Mail | March 30, 2021


Fidelity

Wary Insurers Watch Cryptocurrency Craze From The Sidelines
Business Insurance | April 1, 2021

Microsoft Office 365 Still The Top Target Among Phishing Attacks
Tech Republic | March 31, 2021

https://surety.org/wp-content/uploads/2021/09/II_Header-7.jpg 216 571 SFAA https://surety.org/wp-content/uploads/2021/07/SFAA-Logo-FullColor-RGB.png SFAA2021-04-01 14:14:212021-09-02 14:16:08Industry Insider – April 1, 2021

Industry Insider – March 26, 2021

March 26, 2021/in INDUSTRY INSIDER /by SFAA

Advocacy in the Industry

SFAA and NASBP Hold Virtual Joint Legislative “Fly-In”
The Surety and Fidelity Association of America | March 25, 2021

Senate Committee Hearing: “Driving the Road to Recovery: Rebuilding America’s Transportation Infrastructure”
Senate Committee on Commerce, Science, and Transportation | March 24, 2021

Biden to Unveil Infrastructure Plan Next Week
Construction Dive | March 25, 2021

AASHTO Report Highlights How Infrastructure Investment Benefits States
For Construction Pros | March 25, 2021


Contract Surety

The Scollick Case – SFAA’s Amicus Curiae Brief
The Surety and Fidelity Association of America | March 11, 2021

Where There’s an Implied Contract, There’s a Potential Bid Protest: Court of Federal Claims Has Jurisdiction to Hear Breach of Implied Contract Claims
JD Supra | March 24, 2021

Pre-Bid Documents and Estimates Can’t Be Hidden Behind the Curtain in Disputed Delay Claims
JD Supra | March 19, 2021


Construction

Why High-Speed Rail is the Future of Transportation in the U.S., Wisconsin
Badger Herald | March 23, 2021

$20 Billion Chicago Megaproject Reaches Agreement with Transit System Over Construction
Construction Dive | March 18, 2021

New Proposal Seeks $4B for Colorado’s Roads, Transit and More Over the Next Decade
Colorado Public Radio | March 18, 2021

Google Commits $7B to Offices, Data Centers in 2021
Construction Dive | March 23, 2021

Brightline Still Plans to Finish Its Orlando Extension by 2022
Orlando Weekly | March 24, 2021


Public-Private Partnership

Brandywine Realty to Develop $300M Mixed-Use Neighborhood
Commercial Property Executive | March 24, 2021


Commercial Surety

Occupational Licensing Reciprocity Bill Signed into Law by Gov. Tate Reeves
Pine Belt News | March 25, 2021


Fidelity

Microsoft Says Hackers Taking Advantage of Server Flaws
Business Insurance | March 12, 2021

Business Email Compromise Scams Proved Costly to Victims in 2020
Tech Republic | March 19, 2021

https://surety.org/wp-content/uploads/2021/09/II_Header-8.jpg 216 571 SFAA https://surety.org/wp-content/uploads/2021/07/SFAA-Logo-FullColor-RGB.png SFAA2021-03-26 14:18:492021-09-02 14:55:48Industry Insider – March 26, 2021

Industry Insider – March 18, 2021

March 18, 2021/in INDUSTRY INSIDER /by SFAA

Advocacy in the Industry

SFAA Leads Effort to Introduce Bill Providing Essential Protections on All Federally Financed Projects Receiving TIFIA Funds
The Surety and Fidelity Association of America | March 10, 2021

Biden Starts Victory Lap on COVID-19 Relief Bill While Preparing for Next Big Legislative Push
USA Today | March 11, 2021


Contract Surety

The Scollick Case – SFAA’s Amicus Curiae Brief
The Surety and Fidelity Association of America | March 11, 2021


Construction

S.F. Approves $1 Billion Transbay Tower, Construction Planned Despite Salesforce’s Canceled Lease
San Francisco Chronicle | March 16, 2021

High-Speed Rail Projects Would Get $205B Boost via New Bill
Construction Dive | March 17, 2021

Utah’s Budget Surplus Will Give State Transportation Projects $1B Boost
Engineering News-Record | March 12, 2021

Google Launches Billion-Dollar California Property Investment Plan for 2021
Mercury News | March 18, 2021

5 Charts That Summarize a Year of COVID-19 in Construction
Construction Dive | March 15, 2021


Public-Private Partnership

Is the Pandemic Forcing An Evolution in P3 Work?
Engineering News-Record | March 10, 2021

Work Halted on Part of $9B Honolulu Rail Project Due to Incomplete Design
Construction Dive | March 12, 2021


Commercial Surety

Licensing Reform Might Be A Key To Student Loan Relief
The Hill | March 17, 2021

Will Maine Make It Easier For Skilled Professionals To Relocate Here?
Maine Wire | March 16, 2021


Fidelity

Cryptocurrencies a Growing Target of Theft
Federal Bureau of Investigation | March 11, 2021

California Bookkeeper Sentenced To 10 Years For $877,000 Construction Firm Embezzlement
Construction Dive | March 17, 2021

https://surety.org/wp-content/uploads/2021/09/II_Header-9.jpg 216 571 SFAA https://surety.org/wp-content/uploads/2021/07/SFAA-Logo-FullColor-RGB.png SFAA2021-03-18 14:22:142021-09-02 14:24:06Industry Insider – March 18, 2021

Industry Insider – March 11, 2021

March 11, 2021/in INDUSTRY INSIDER /by SFAA

Advocacy in the Industry

SFAA Leads Effort to Introduce Bill Providing Essential Protections on All Federally Financed Projects Receiving TIFIA Funds
The Surety and Fidelity Association of America | March 10, 2021

With COVID Relief Passed, Biden Prepares to Stake His Presidency and Democratic Majorities on Infrastructure
CNBC | March 10, 2021

Civil Engineers: US Infrastructure Rates a C-minus
Voice of America | March 3, 2021


Contract Surety

SFAA Submits Amicus Brief in Case Relating to False Claims Act
The Surety and Fidelity Association of America | February 24, 2021


Construction

$1.9T COVID-19 Relief Package Includes Billions for Capital Projects
Construction Dive | March 11, 2021

Ohio House Passes $8 Billion Transportation Budget, Axing Fees and Adding Transit Money
Cincinnati Enquirer | March 4, 2021

New Orleans’ $2.3B Public Works Program Gains Momentum
Engineering News-Record | March 8, 2021

Gas Tax Increase Aims to Help State’s Subpar Roads
New Mexico Political Report | March 5, 2021


Public-Private Partnership

Is the Pandemic Forcing An Evolution in P3 Work?
Engineering News-Record | March 10, 2021


Commercial Surety

Midlands Voices: Nebraska Can Boost Economy With New Round Of Licensing Reform
Omaha World-Herald | February 18, 2021


Fidelity

At Least 30,000 U.S. Organizations Newly Hacked Via Holes in Microsoft’s Email Software
Krebs On Security | March 5, 2021

https://surety.org/wp-content/uploads/2021/09/II_Header-10.jpg 216 571 SFAA https://surety.org/wp-content/uploads/2021/07/SFAA-Logo-FullColor-RGB.png SFAA2021-03-11 14:24:402021-09-02 14:27:19Industry Insider – March 11, 2021

Industry Insider – March 4, 2021

March 4, 2021/in INDUSTRY INSIDER /by SFAA

Advocacy in the Industry

After Stimulus, Biden to Tackle Another Politically Tricky Issue: Infrastructure
New York Times | March 3, 2021

Buttigieg Says Infrastructure Faces a ‘Once-In-A-Lifetime Moment’ As Bridges, Roads Get C- Grade
Construction Dive | March 4, 2021

Deputy DOT Nominee Appears Before Senate Commerce Committee
Transport Topics | March 2, 2021

Register for the Virtual Legislative Fly-In with SFAA & NASBP
SFAA & NASBP | March 25, 2021


Contract Surety

The Dotted Line: What to Consider Before Entering a JV
Construction Dive | February 23, 2021


Construction

New York City to Restart $17B of Capital Construction Projects
Construction Dive | March 3, 2021

$1.23B Transportation Package Heading to Governor’s Desk
Salt Lake Tribune | March 3, 2021

UW Campuses Identify $5 Billion New Construction, Renovation Needs
Wisconsin Public Radio | March 3, 2021


Public-Private Partnership

Firms Managing Purple Line Construction Narrow List of Potential New Contractors
Washington Post | March 3, 2021


Commercial Surety

Colorado Bill Would Restrict Insurers’ Use of Consumer Data and Algorithms
Faegre Drinker | March 3, 2021

Military Spouses Hope for Easier Ways to Get Licensed to Work in Hawaii
Honolulu Civil Beat | March 4, 2021


Fidelity

AIG, Beazley Units Not Obligated to Pay Up in Phishing Case
Business Insurance | February 26, 2021

https://surety.org/wp-content/uploads/2021/09/II_Header-11.jpg 216 571 SFAA https://surety.org/wp-content/uploads/2021/07/SFAA-Logo-FullColor-RGB.png SFAA2021-03-04 14:28:162021-09-02 14:30:37Industry Insider – March 4, 2021

Industry Insider – February 25, 2021

February 25, 2021/in INDUSTRY INSIDER /by SFAA

Advocacy in the Industry

SFAA Joins “Build by the Fourth of July” Campaign: Diverse Coalition Urges Congress to Rebuild America’s Infrastructure
U.S. Chamber of Commerce | February 22, 2021

Senate EPW Committee Holds First Infrastructure Hearing of 2021
Senate Committee on Environment and Public Works | February 24, 2021

SFAA and NASBP Discuss Importance of the Legislative Fly-In on the Latest Episode of the “Let’s Get Surety” Podcast
NASBP | February 23, 2021

Register for the Virtual Legislative Fly-In with SFAA & NASBP
SFAA & NASBP | March 25, 2021


Contract Surety

SBA Releases Standard Operating Procedure for Preferred Surety Bond Program
U.S. Small Business Administration | February 21, 2021


Construction

Gov. Tony Evers Wants $2.4 Billion for State Building Projects, Nearly Half for UW System
Wisconsin State Journal | February 23, 2021

Maryland, Citing Traffic Relief, Recommends Current Bay Bridge as Best Site for a New Span
Washington Post | February 23, 2021

Despite COVID-19, Los Angeles Development Still Strong
Construction Dive | February 18, 2021

Final Phase of Centennial Bowl Highway Project Takes Center Stage in North Las Vegas
Engineering News-Record | February 22, 2021


Public-Private Partnership

Hogan Says Baltimore Could Get a Version of Washington’s Purple Line If Private Sector Bought In
Baltimore Sun | February 24, 2021

Jaxport Agrees to Public-Private Partnership to Expand SSA Marine Terminal
Jacksonville Business Journal | February 22, 2021


Commercial Surety

West Virginia House Continues Occupational Licensing Reform Efforts Over Objections
Parkersburg News and Sentinel | February 23, 2021


Fidelity

Man Accused of Embezzling Over $1 Million Faces Federal Charges
Wilkes Journal-Patriot | February 23, 2021

Demand for Social Engineering Fraud Coverage on the Rise
Business Insurance | February 16, 2021

Manager of Grass Seed Company Faces Charges for Embezzlement, Fraud Schemes
Salem Statesman Journal | February 24, 2021

https://surety.org/wp-content/uploads/2021/09/II_Header-12.jpg 216 571 SFAA https://surety.org/wp-content/uploads/2021/07/SFAA-Logo-FullColor-RGB.png SFAA2021-02-25 14:30:572021-09-02 14:33:43Industry Insider – February 25, 2021

Industry Insider – February 18, 2021

February 18, 2021/in INDUSTRY INSIDER /by SFAA

Advocacy in the Industry

Transportation Construction Coalition Submits Infrastructure Priorities
Transportation Construction Coalition | February 8, 2021

Transportation and Infrastructure Committee Advances Biden’s Relief Legislation
Transportation Today | February 15, 2021

Biden Calls Union Reps ‘Real Friends,’ Seeks Their Infrastructure Input
Construction Dive | February 18, 2021

Register for the Virtual Legislative Fly-In with SFAA & NASBP
SFAA & NASBP | March 25, 2021


Contract Surety

The Basics of Subcontractor Defaults – Key Considerations
Peckar & Abramson Law | February 18, 2021


Construction

Construction Firms Nab $13.7B Total in PPP Loans So Far This Year
Construction Dive | February 16, 2021

Biden’s Infrastructure Plan Renews Interest in NYC-Boston Rail Tunnel Under Long Island Sound
USA Today | February 12, 2021

Maine DOT Plans to Replace Four Southern Midcoast Bridges
Construction Equipment Guide | February 16, 2021

Facebook Plans Expansion to Huntsville Data Center Project; Price Could Now Top $1 Billion
AL.com | February 16, 2021


Public-Private Partnership

New Arena, Public Market and Other National Western Center Upgrades Put on Hold as Denver Faces Economic Woes
Denver Post | February 17, 2021


Commercial Surety

Crucial Time for Policymakers to Support Entrepreneurs
Daily Herald | February 16, 2021

Mississippi House Scores Big Reforms with 3 Bills
Daily Leader | February 13, 2021


Fidelity

Demand for Social Engineering Fraud Coverage on the Rise
Business Insurance | February 16, 2021

https://surety.org/wp-content/uploads/2021/09/II_Header-13.jpg 216 571 SFAA https://surety.org/wp-content/uploads/2021/07/SFAA-Logo-FullColor-RGB.png SFAA2021-02-18 14:34:382021-09-02 14:56:14Industry Insider – February 18, 2021

Industry Insider – February 11, 2021

February 11, 2021/in INDUSTRY INSIDER /by SFAA

Advocacy in the Industry

Transportation Construction Coalition Submits Infrastructure Priorities
Transportation Construction Coalition | February 8, 2021

For Buttigieg, ‘Generational’ Transportation Change May Not Be Easy, Experts Say
New York Times | February 6, 2021

U.S. House Panel Approves $42.5 Billion for Transportation
Reuters | February 9, 2021

Register for the Virtual Legislative Fly-In with SFAA & NASBP
SFAA & NASBP | March 25, 2021


Contract Surety

Labor Secretary Nominee Walsh Backs OSHA, Training Programs
Construction Dive | February 8, 2021

House-Passed Apprenticeship Bill Draws Mixed Construction Reactions
Engineering News-Record | February 8, 2021

How the PRO Act Would Change the Construction Industry
Construction Dive | February 5, 2021

Navigating Succession with your Bond Company
Construct Connect | February 4, 2021


Construction

Construction Starts on Disputed $1B Electricity Corridor
Associated Press | February 10, 2021

Uncertainty Dominates Aviation Construction Outlook
Construction Dive | February 10, 2021

California High-Speed Rail Officials Want To Tap Remaining $4.1 Billion in Bond Funds
Mercury News | February 10, 2021

Metro Seeks Bond Sales To Raise $360 Million For Capital Projects
Washington Post | February 10, 2021


Public-Private Partnerships

Gov. Ige Casts Doubt on New Aloha Stadium with Comments
KHON2 | February 9, 2021


Commercial Surety

Mississippi Could Erase Licensing for Some Types of Jobs
Associated Press | February 8, 2021

Unpaid Motor Carrier Claims: What Shippers Can Do to Reduce the Risk of Liability When Using Third-Party Brokers
JD Supra | February 5, 2021


Fidelity

FBI, Partners Disarm Emotet Malware
Federal Bureau of Investigation | February 1, 2021

Former KU Medical Center Employee Pleads Guilty to Embezzling More Than $500,000
Department of Justice | February 9, 2021

https://surety.org/wp-content/uploads/2021/09/II_Header-14.jpg 216 571 SFAA https://surety.org/wp-content/uploads/2021/07/SFAA-Logo-FullColor-RGB.png SFAA2021-02-11 05:30:452021-09-03 10:55:06Industry Insider – February 11, 2021

Industry Insider – February 4, 2021

February 4, 2021/in INDUSTRY INSIDER /by SFAA

Advocacy in the Industry

SFAA Congratulates Secretary Buttigieg on Senate Confirmation
The Surety & Fidelity Association of America | February 2, 2021

Democrats Plow Ahead with a Party-Line Covid Relief Package
Politico | February 2, 2021

Register for the Virtual Legislative Fly-In with SFAA & NASBP
SFAA & NASBP | March 25, 2021


Contract Surety

OSHA Issues Advisory Workplace COVID-Safety Guidelines
Engineering News-Record | January 29, 2021


Construction

Wall Street, Public Construction Firms Eager for Biden’s Infrastructure Push
Construction Dive | February 3, 2021

Buttigieg Says Transportation Dept Will Push ‘Bold’ Thinking
Associated Press | February 3, 2021

Rice-Eccles Stadium Construction Project Remains on Time for July Finish; Dumke Expansion Fundraising Still Ongoing
Salt Lake Tribune | February 2, 2021

Amazon Unveils Plans for Eye-Catching ‘Helix’ Tower at New $2.5B Headquarters
CNN | February 2, 2021


Public-Private Partnerships

Lumen Field, A Public-Private Partnership That Worked
Seattle Times | February 2, 2021


Commercial Surety

Ohio Senate Passes Bills to Reduce Professional Licensing Restrictions Across State Lines
Center Square | February 3, 2021


Fidelity

State Employee Charged With Defrauding California’s AIDS Office Out of $2 Million For Personal Expenses
KTLA | February 3, 2021

FBI Warns of Voice Phishing Attacks Targeting Employees at Large Companies
TechRepublic | January 19, 2021

Feds Say Former Sussex Exec Stole $500,000 in Taxes to Pay for Mortgage, BMW — and Donkeys
New Jersey Herald | February 1, 2021

https://surety.org/wp-content/uploads/2021/09/II_Header-1-1.jpg 216 571 SFAA https://surety.org/wp-content/uploads/2021/07/SFAA-Logo-FullColor-RGB.png SFAA2021-02-04 05:34:242021-09-03 05:37:31Industry Insider – February 4, 2021

Industry Insider – January 29, 2021

January 29, 2021/in INDUSTRY INSIDER /by SFAA

Advocacy in the Industry

Senate Committee Approves Pete Buttigieg’s Nomination as Transportation Secretary
Washington Post | January 27, 2021

Chair DeFazio Announces Transportation & Infrastructure Subcommittee Chairs and Democratic Committee Roster
House Committee on Transportation & Infrastructure | January 26, 2021

Graves Welcomes Republican Committee Members Recommended by Steering Committee for the 117th Congress
House Committee on Transportation & Infrastructure | January 25, 2021

Register for the Virtual Legislative Fly-In with SFAA & NASBP
SFAA & NASBP | March 25, 2021


Contract Surety

Biden Orders OSHA to Beef Up COVID-19 Safety Rules
Construction Dive | January 25, 2021

Biden Toughens Buy American Rules
Construction Dive | January 26, 2021


Construction

Developers of $20B Development Near Soldier Field Ask Illinois for $6.5B to Construct Transit Center, Residential Buildings
Chicago Business Journal | January 26, 2021

Group Unveils $2.5 Billion Atlanta Beltline Transit Plan
Atlanta Journal-Constitution | January 27, 2021

Seattle Sees ‘A Path Forward’ on Convention Center Financing, City Official Says
Puget Sound Business Journal | January 27, 2021

Feds Study Baltimore-Washington Maglev Train Route
Construction Dive | January 28, 2021


Public-Private Partnership

Struggling Local Governments May Get Help From the Private Sector
New York Times | January 19, 2021

Public-Private Partnerships Authorized in Michigan
Land Line Media | January 25, 2021

Public-Private Partnership Now Eyed for New Homeless Center
Press Herald | January 26, 2021


Commercial Surety

Utah’s ‘Blow Dry Bar Bill’ Sparks Heated Debate Over Cosmetology Licensing
KUTV | January 25, 2021


Fidelity

Former Controller at Butler County Electric Company Admits to $1.4M Theft
Pittsburgh Post-Gazette | January 26, 2021

https://surety.org/wp-content/uploads/2021/09/II_Header-2-1.jpg 216 571 SFAA https://surety.org/wp-content/uploads/2021/07/SFAA-Logo-FullColor-RGB.png SFAA2021-01-29 05:37:502021-09-03 05:39:38Industry Insider – January 29, 2021

Industry Insider – January 22, 2021

January 22, 2021/in INDUSTRY INSIDER /by SFAA

Advocacy in the Industry

Buttigieg Sees ‘Generational Opportunity’ to Transform the Nation’s Infrastructure
New York Times | January 21, 2021

Biden Unveils Rescue Plan, Promises Infrastructure Proposal Next Month
Engineering News-Record | January 14, 2021

Register for the Virtual Legislative Fly-In with SFAA & NASBP
SFAA & NASBP | March 25, 2021


Contract Surety

SFAA’s Support of FAR Case 2017-003 Amendment Garners Results
Surety and Fidelity Association of America | January 20, 2021


Construction

How Biden’s Inauguration Day Executive Orders Will Impact Construction
Construction Dive | January 20, 2021

Biden: Major Infrastructure Plan Is on the Way
Engineering News-Record | January 19, 2021

How Much Federal Funding Will Each State DOT Receive?
Construction Dive | January 20, 2021

NY Infrastructure Projects Total $306B In Cuomo Plan
Engineering News-Record | January 19, 2021

7 Legal, Other Trends Influencing Construction In 2021
Construction Dive | January 19, 2021


Public-Private Partnership

Struggling Local Governments May Get Help From the Private Sector
New York Times | January 19, 2021

Maryland DOT Weighs Three Proposals for Major P3
Transport Topics | January 20, 2021


Commercial Surety

Occupational Licensing Executive Order Will Benefit Utah Workers
CAGW | January 12, 2021

Professional Licensing Reforms In Ohio Signed Into Law
The Center Square | January 15, 2021

Illinois Poised To Become First State To End Wealth-Based Pre-Trial Detention
The Guardian | January 21, 2021

https://surety.org/wp-content/uploads/2021/09/II_Header-3-1.jpg 216 571 SFAA https://surety.org/wp-content/uploads/2021/07/SFAA-Logo-FullColor-RGB.png SFAA2021-01-22 05:40:082021-09-03 05:42:35Industry Insider – January 22, 2021

Industry Insider – January 14, 2021

January 14, 2021/in INDUSTRY INSIDER /by SFAA

Advocacy in the Industry

Failure to Act: Economic Impacts of Status Quo Investment Across Infrastructure Systems
American Society of Civil Engineers | January 14, 2021

Register for the Virtual Legislative Fly-In with SFAA & NASBP
SFAA & NASBP | March 25, 2021


Contract Surety

What’s in the New COVID-19 Relief Package for Contractors?
Construction Dive | January 7, 2021

Michigan Construction: Where Building Could Boom in 2021
Wood TV Grand Rapids | January 7, 2021


Construction

Air Cargo Construction is Booming, Thanks to Amazon
New York Times | January 12, 2021

The 13 Construction Sectors Contractors Expect to Shrink in 2021
Construction Dive | January 11, 2021

Developers Say This New Austin Development Could Eventually Be a $1 Billion Project
Austin American-Statesman | January 13, 2021

Construction’s December Jobless Rate Jumps Despite 51K Job Gain
Engineering News-Record | January 8, 2021


Public-Private Partnership

SFAA Updates Joint Public-Private Partnership State Law Chart
SFAA, NASBP, and ASA | January 12, 2021


Commercial Surety

New Laws In Ohio, Washington, D.C. Eliminate Barriers To Work With A Criminal Record
Forbes | January 12, 2021


Fidelity

Cyber Criminals Bypassing MFA to Access Cloud Service Accounts
IT Pro | January 14, 2021

Saratoga: Bookkeeper Charged with Embezzlement, Arson
Mercury News | January 12, 2021

https://surety.org/wp-content/uploads/2021/09/II_Header-4-1.jpg 216 571 SFAA https://surety.org/wp-content/uploads/2021/07/SFAA-Logo-FullColor-RGB.png SFAA2021-01-14 05:42:562021-09-03 05:44:37Industry Insider – January 14, 2021

Industry Insider – January 7, 2021

January 7, 2021/in INDUSTRY INSIDER /by SFAA

Georgia Runoff Wins Give Democrats Senate Control, Narrowly
Engineering News-Record | January 6, 2021

Register for the Virtual Legislative Fly-In with SFAA & NASBP
SFAA & NASBP | March 25, 2021


Contract Surety

Commentary: How to Limit COVID-19 Related Legal Claims
Engineering News-Record | January 5, 2021


Construction

2021 Construction Projects to Watch
Construction Dive | January 5, 2021

Major Construction Done at Hanford Nuclear Waste Treatment Plant
Associated Press | January 6, 2021

Houston Leads Nation in Lost Construction Jobs, Associated General Contractors Report Finds
Houston Business Journal | January 6, 2021

Major Colorado Springs Construction Projects Make Strides Heading Into 2021
Colorado Springs Gazette | January 3, 2021


Public-Private Partnership

Developers Secure $349M for Bronx Point Affordable Housing Complex, in the South Bronx
New York YIMBY | December 31, 2020

Michigan Public-Private Partnership Authorization Nears Passage
Land Line Media | January 4, 2021


Commercial Surety

Company Accused of Preying on Immigrants Agrees to $425,000 Settlement with Va. Regulators
Washington Post | December 1, 2020


Fidelity

La Grande Medical Practice Employee Sentenced to Federal Prison for Embezzling $1.1M
East Oregonian | January 5, 2021

Woman Accused of Stealing $2.3 Million from Blasting Company to Fund Horse Farm
Chicago Tribune | January 4, 2021


https://surety.org/wp-content/uploads/2021/09/II_Header-5-1.jpg 216 571 SFAA https://surety.org/wp-content/uploads/2021/07/SFAA-Logo-FullColor-RGB.png SFAA2021-01-07 05:45:052021-09-03 11:03:56Industry Insider – January 7, 2021
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News & Events

SFAA Annual Meeting Highlights Landmark Legislative Wins and Highlights Accomplishments and Initiatives; Membership Elects Board

April 21, 2022
April 21, 2022 (WASHINGTON, DC) – The Surety & Fidelity Association of America (SFAA), a nonprofit, nonpartisan…
https://surety.org/wp-content/uploads/2021/07/SFAA-Logo-FullColor-RGB.png 0 0 Lindsay Graham https://surety.org/wp-content/uploads/2021/07/SFAA-Logo-FullColor-RGB.png Lindsay Graham2022-04-21 17:31:502022-04-21 19:18:37SFAA Annual Meeting Highlights Landmark Legislative Wins and Highlights Accomplishments and Initiatives; Membership Elects Board

SFAA Elects Board of Directors, New Chair, and Officers

April 21, 2022
April 21, 2022 (WASHINGTON, DC) – The Surety & Fidelity Association of America (SFAA), a nonprofit, nonpartisan…
https://surety.org/wp-content/uploads/2021/07/SFAA-Logo-FullColor-RGB.png 0 0 SFAA https://surety.org/wp-content/uploads/2021/07/SFAA-Logo-FullColor-RGB.png SFAA2022-04-21 17:22:402022-04-22 13:29:22SFAA Elects Board of Directors, New Chair, and Officers

SFAA Wins Gold for “Best Advocacy Campaign” in Association TRENDS’ 2022 TRENDY Awards

March 22, 2022
March 22, 2022 (WASHINGTON, DC) – The Surety & Fidelity Association of America (SFAA), a nonprofit, nonpartisan…
https://surety.org/wp-content/uploads/2021/07/SFAA-Logo-FullColor-RGB.png 0 0 SFAA https://surety.org/wp-content/uploads/2021/07/SFAA-Logo-FullColor-RGB.png SFAA2022-03-22 12:18:202022-03-23 20:19:45SFAA Wins Gold for “Best Advocacy Campaign” in Association TRENDS’ 2022 TRENDY Awards
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