H.R. 6435 establishes new federal oversight requirements for major transportation construction projects costing $2.5 billion or more. Recipients of federal funding for these "megaprojects" must submit comprehensive risk management plans before construction begins, identifying potential cost overruns, delays, and quality issues, and must maintain financial reserves to address unforeseen problems. The bill requires each megaproject to establish an independent peer review group of at least five experts (including a project manager) who meet annually to assess the project's scope, schedule, and budget, with findings publicly reported to Congress and the Department of Transportation. Additionally, projects must publicly disclose the names and credentials of supervising engineers and peer review reports on their websites within 90 days of submission. The legislation also directs the Transportation Research Board to study megaproject management practices in the U.S. and abroad and recommend improvements to federal oversight by 2028. These requirements apply to projects authorized for construction one year after the bill's enactment, with no specific federal funding amount allocated in the text.
Take Action
Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.