H.R. 6592 · 115th Congress
Transportation Megaprojects Accountability and Oversight Act of 2018
- Stage
- In committee
- Sponsor
- Mark DeSaulnier
- Introduced
- 2018-07-26
- Latest action
- 2018-07-27 · Referred to the Subcommittee on Highways and Transit.
Summary
Transportation Megaprojects Accountability and Oversight Act of 2018
This bill requires a recipient of assistance under National Highway System provisions for a megaproject (a project that has an estimated total cost of $2.5 billion or more), to submit to the Department of Transportation a comprehensive risk management plan that contains, among other things, a description of the process for identifying, quantifying, and monitoring the risks that might result in cost overruns, delays, reduced construction quality, or reduced benefits.