Specs are typically built on the basis of flange ratings, so a CL 125 spec is quite possible (I've seen one or two). In most cases an already-existing CL 150 spec is used instead, while over rated the commonality of components outweighs that.
I've also seen a reduction in use of galvanized piping, at least for process plants. Aside from not being able to weld without preparation and precautions, having to maintain a separate stock like the CL 125 flanges and gaskets, just adds complications. See if engineering can accept using an existing CL 150 general service spec instead.
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If you are going to fly by the seat of your pants, expect friction burns.