Board Policies
Bond Counsel Appointment Policy
The PHEFA Board adopted a policy that bond counsel must be appointed prior to review and approval by the Board.
Although a formal resolution was not adopted by SPSBA, the policy is followed for SPSBA financings.
Gift Ban Policy
The Board adopted a gift ban policy for staff, board members, designees and proxies.
Investment Policy
The policy provides guidelines concerning investment objectives, goals, strategy and restrictions.
Prevailing Wage Policy
The Board adopted a policy mandating that all construction projects financed through PHEFA pay prevailing wage rates.