Significant changes to the law concerning how developers and builders post performance bonds with municipalities to ensure proper and timely construction of infrastructure and public improvements (roads, infrastructure, and erosion controls, e.g.) in subdivisions, made in Public Act 11-79, effective Oct. 1, 2011, are an improvement to the process of calculating, posting, and releasing performance bonds, according to an analysis of the new law by the Real Estate, Environmental and Land Use practice group of Shipman & Goodwin. However, the Act also contains language about the obligation of towns to accept performance bonds that is confusing and needs clarification, according to the analysis. In response to the confusion, some towns are amending regulations to prohibit the use of all performance bonds going forward.
Energy efficiency, renewable energy and Brownfield redevelopment initiatives that promote “green jobs” are summarized in a recent Office of Legislative Research report. The report also discusses provisions in Public Act 11-80, which establishes many energy efficiency and renewable energy programs.
The Federal Motor Carrier Safety Administration’s Compliance, Safety, Accountability (CSA) program substantially improves the agency’s enforcement and compliance model, according to the results of an independent evaluation. The results confirm that the CSA model enables FMCSA and its state partners to contact more commercial motor carriers earlier to correct safety problems and ensure compliance with safety regulations in order to reduce crashes, injuries, and fatalities related to commercial motor vehicles.
For more Construction news please see CCIA Highlights Weekly Newsletter (for members only) or Request a copy today!
