ASAToday for July 3rd, 2025

Contract Documents Task Force ASA has recently approved an updated round of contracts from the ConsensusDocs design-bid-build series. These are a series of ConsensusDocs most used prime and subcontract agreements and are being revised for publication as part of ConsensusDocs regular comprehensive revision cycle. This cycle occurs twice as frequently as the American Institute of…

The Bonding Perspective on H.R.1740 Last week, ASA advocated on behalf of H.R.1740, which would address payment and performance bonds regarding Water Infrastructure Financing Authority Act (WIFIA) financed public-private partnerships.  After those meetings, the National Association of Surety Bond Producers (NASBP) offered that they had a study conducted on behalf of the Surety & Fidelity…

EPA’s Offers their Renewable Fuel Standard (RFS) Quotas Under a regulation finalized on Wednesday, the Environmental Protection Agency in 2023 will require the use of 2.82 billion gallons of biomass-based diesel, generally made from soybean and canola oil, a 2.2% increase over the 2.76 billion gallons mandated last year. For 2024 and 2025, the quotas…