118th Congress · HOUSE BILLBILL

H.R. 4608Transportation Megaprojects Accountability and Oversight Act

To amend title 23, United States Code, to establish additional requirements for certain transportation projects with estimated costs of $2,500,000,000 or more, and for other purposes.

Transportation and public works
Introduced Jul 13, 2023
Last action Jul 14, 2023
Pipeline · Bill → Law
Step 1
Introduced
Jul 13, 2023
Step 2
Referred
Jul 14, 2023
T&I
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill sets forth additional requirements for certain recipients of National Highway System assistance for a megaproject. (A megaproject is a project that has an estimated total cost of $2.5 billion or more.) Specifically, the bill requires a recipient of federal financial assistance for a megaproject to  submit to the Department of Transportation (DOT) 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 megaproject benefits;establish a peer review group that consists of at least five individuals to g...

Provisions · 2 sectionsIntroduced in House
Timeline · 3 actions
Jul 14, 2023
Referred to the Subcommittee on Highways and Transit.
Jul 13, 2023
Introduced in House
Jul 13, 2023
Referred to the House Committee on Transportation and Infrastructure.