# News & Updates

{% updates format="full" %}
{% update date="2026-06-01" %}

## June

### 2026 Policy Update: Intersect Administration Services

Throughout 2025, a foundational set of policies were established to govern how Intersect delivers administration services to Vendors and the broader community. Building on that foundation, we have now published updated versions of several existing policies alongside a set of brand new policies - reflecting lessons learned, community feedback, and the evolving needs of the ecosystem.

We ask all Vendors and community members engaging with Intersect Administration Services to familiarise themselves with the relevant documents to help navigate their contractual journeys.

**New Policies**

The following [policies](https://admin-services.docs.intersectmbo.org/governance/policies-and-guidance) are newly introduced for 2026:

* Administration Anti-Fraud and Financial Integrity Policy
* Dispute and Escalation Policy
* Third Party Assurance Policy
* Vendor Change Request Policy

**Updated Policies**

The following policies have been revised from their 2025 versions. Each document includes a change log appendix that clearly sets out what has changed compared to the previous version - we encourage you to refer to that section for a concise summary of updates:

**Technical Review Policy**

* Policy scope broadened to cover any deliverable or change with the potential to be deployed on mainnet, not just those affecting core code responsibilities
* The Technical Audit definition has been substantially strengthened - auditors must now be explicitly independent from the Beneficiary and their work must align with DRep-approved contract milestones
* The table is now fully populated with specific acceptable and unacceptable criteria for four delivery scenarios: minor code updates, ledger feature releases, full node releases, and DApp releases
* Vendors now have an explicit obligation to publish findings, not just disclose them, and community sharing requirements now extend to reviews and audits in addition to test results

**Delivery Assurance Policy**

* Third-party assurance requirements have been tightened: beneficiaries must now name a specific, independent assurer for every milestone - designating 'The Community' or substituting public evidence (e.g. videos, X-posts) in place of a named assurer is no longer permitted
* Appendix A (milestone examples and MAF completion guide) has been removed from the policy document and relocated to the Knowledge Base
  {% endupdate %}

{% update date="2026-05-27" %}

## May

### Updates to the Smart Contract Dashboard

We are currently making a series of updates to the functionality and usability of the [Smart Contract Dashboard](https://treasury.sundae.fi/budgets/9e65e4ed7d6fd86fc4827d2b45da6d2c601fb920e8bfd794b8ecc619). You may see some new features as part of these updates which will be implemented for the 2026 funding cycle, such as; milestone evidence review status as well as the audit trail of milestone evidence, summary of contract statuses' and visual timelines. All of these changes have been implemented as part of feedback received by Vendors, community members and Intersect.&#x20;

We hope you love it, but if you have any questions in the meantime - please reach out to us or make a suggestion using this [form](https://admin-services.docs.intersectmbo.org/resources/share-your-feedback).

### IOE Acropolis Project Closure - Returning Funds to Treasury

Following IOG's announcement of the cancellation of the [Acropolis project](https://www.iog.io/news/change-of-course-acropolis-tiered-pricing), Intersect has now successfully completed the cancellation of the outstanding milestones within the smart contract.

This cancellation has seen a total of 1,448,574 ada successfully returned to the treasury.&#x20;

### Third Party Assurer Update

For the 2026 Budget Cycle, Third Party Assurers (TPA) will now be budgeted for within the vendor's proposal. As such, it is expected that the TPA will review every single milestone that they are responsible for, and when requested, the vendor will make the review (i.e. Audit Report) public.&#x20;

This will take effect from 1st May 2026.
{% endupdate %}

{% update date="2026-04-17" %}

## April

### Builder DAO - Returning Funds to Treasury

Intersect is pleased to report that with the conclusion of its latest Cardano Builder DAO funding round, Rainfire DAO has fulfilled its commitments to DReps and the Code of Conduct, returning unused funds to the Cardano treasury.

Remaining unspent funds of ​354,790 ada were successfully returned to the Cardano treasury with the assistance of the Intersect team.  Evidence of the transaction can be seen [here via the Adastat platform.<br>](https://adastat.net/transactions/dfcf57c8c65c50bb208106db91b2db38c4a7512f9fbf100f9f5e1f6301ceb8fc)A massive thank you to Logan and the Builder DAO team for honouring their commitment.
{% endupdate %}

{% update date="2026-03-31" %}

## March

This month Intersect's Administration Services have introduced an Administration fee for any vendor who wishes to select Intersect as their Administrator. You can read the full details here - <https://www.intersectmbo.org/news/intersect-administration-service-2026>
{% endupdate %}

{% update date="2026-02-28" %}

## February

As part of our ongoing commitment to transparency, accountability, and continuous improvement, the Delivery Assurance team has introduced a new [feedback form](https://docs.google.com/forms/d/e/1FAIpQLSeJDgGi1ktfvMqRX5Mp8CzR2SHcJucNDnQL0eADEWS4FnjWAg/viewform) for Intersect’s Administration Services. Whether you’re a community member, vendor, or DRep, your experience matters to us.&#x20;

Your input helps us refine our processes, strengthen support, and ensure our services evolve alongside the needs of the ecosystem. If you’ve interacted with Administration Services, we’d really value a few minutes of your time.
{% endupdate %}

{% update date="2026-01-31" %}

## January

This month, Intersect published a detailed update outlining how administration works in practice, what Intersect does and does not do, the tooling and data available today, and the improvements being introduced at the six-month mark, including milestone spot-check audits, smart contract and dashboard enhancements, a new public API, and the upcoming DRep Resource Pack. Read the full update here - <https://x.com/IntersectMBO/status/2017236964722753882?s=20>

{% endupdate %}
{% endupdates %}

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