FTBA policy emphasizes that all association members must adhere to federal and state laws–and ethical standards–relevant to the transportation design and construction industry. Thus, FTBA encourages its members to fully recognize the importance of compliance with legal requirements, particularly antitrust considerations, not only wherever they are located and do business, but also as importantly, at FTBA functions.
FTBA is an association whose members–many of whom compete with one another–plan, design, construct, finance, operate and maintain transportation infrastructure projects or provide materials, supplies or services used in these endeavors. FTBA and its members are particularly sensitive to their responsibilities under both federal and state antitrust laws that are designed to promote competition and penalize those who engage in anti-competitive business practices.
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ftba antitrust policy
Policy on Compliance with Laws Promoting Competition
Both federal and state antitrust laws address and very often prohibit one or more of the following:
Certain collective activity between and among members such as a joint venture or other special purpose entity are permitted under antitrust laws, depending on the particular circumstances. FTBA members involved in such pursuits should ensure compliance with all laws, including antitrust.
In light of antitrust laws, FTBA exercises due care when holding its meetings and developing and conducting its programs and activities. For example:
In light of antitrust laws, FTBA exercises due care when holding its meetings and developing and conducting its programs and activities. For example:
Discerning between legally troublesome association activities and acceptable ones can at times be difficult. Thus, FTBA members must remain vigilant in regards to your contacts with FTBA itself and other members and interested parties. If you have a concern about a FTBA activity or communication, voice it early and directly to the FTBA president or legal counsel. If a member becomes involved in activities or discussions that it believes are or may be illegal, that FTBA member should withdraw from participation, announce the objection and promptly inform FTBA’s president or legal counsel.
This policy incorporates and underscores FTBA’s long-standing statement of conduct:
Engage in legal, moral, ethical and scrupulous business practices in fulfilling contractual obligations among members, subcontractors and suppliers. Members shall maintain the highest professional standards of ethical conduct in the transportation industry through honesty, integrity and responsibility.
This policy incorporates and underscores FTBA’s long-standing statement of conduct:
Engage in legal, moral, ethical and scrupulous business practices in fulfilling contractual obligations among members, subcontractors and suppliers. Members shall maintain the highest professional standards of ethical conduct in the transportation industry through honesty, integrity and responsibility.
Policy on Compliance with Laws Promoting Competition
FTBA policy emphasizes that all association members must adhere to federal and state laws–and ethical standards–relevant to the transportation design and construction industry. Thus, FTBA encourages its members to fully recognize the importance of compliance with legal requirements, particularly antitrust considerations, not only wherever they are located and do business, but also as importantly, at FTBA functions.
FTBA is an association whose members–many of whom compete with one another–plan, design, construct, finance, operate and maintain transportation infrastructure projects or provide materials, supplies or services used in these endeavors. FTBA and its members are particularly sensitive to their responsibilities under both federal and state antitrust laws that are designed to promote competition and penalize those who engage in anti-competitive business practices.
FTBA is an association whose members–many of whom compete with one another–plan, design, construct, finance, operate and maintain transportation infrastructure projects or provide materials, supplies or services used in these endeavors. FTBA and its members are particularly sensitive to their responsibilities under both federal and state antitrust laws that are designed to promote competition and penalize those who engage in anti-competitive business practices.
Both federal and state antitrust laws address and very often prohibit one or more of the following:
Certain collective activity between and among members such as a joint venture or other special purpose entity are permitted under antitrust laws, depending on the particular circumstances. FTBA members involved in such pursuits should ensure compliance with all laws, including antitrust.
In light of antitrust laws, FTBA exercises due care when holding its meetings and developing and conducting its programs and activities. For example:
In light of antitrust laws, FTBA exercises due care when holding its meetings and developing and conducting its programs and activities. For example:
Discerning between legally troublesome association activities and acceptable ones can at times be difficult. Thus, FTBA members must remain vigilant in regards to your contacts with FTBA itself and other members and interested parties. If you have a concern about a FTBA activity or communication, voice it early and directly to the FTBA president or legal counsel. If a member becomes involved in activities or discussions that it believes are or may be illegal, that FTBA member should withdraw from participation, announce the objection and promptly inform FTBA’s president or legal counsel.
This policy incorporates and underscores FTBA’s long-standing statement of conduct:
Engage in legal, moral, ethical and scrupulous business practices in fulfilling contractual obligations among members, subcontractors and suppliers. Members shall maintain the highest professional standards of ethical conduct in the transportation industry through honesty, integrity and responsibility.
This policy incorporates and underscores FTBA’s long-standing statement of conduct:
Engage in legal, moral, ethical and scrupulous business practices in fulfilling contractual obligations among members, subcontractors and suppliers. Members shall maintain the highest professional standards of ethical conduct in the transportation industry through honesty, integrity and responsibility.
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