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Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on Armed Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced February 27, 2025 by Mariannette Miller-Meeks · Last progress 1 year ago
Creates a standardized, public annual reporting system for major federal projects. The Office of Management and Budget (OMB) must issue guidance within one year so covered federal agencies submit yearly reports for each covered project.
Reports must include a project description, schedule, cost estimates adjusted for inflation, reasons for any delays or cost increases, and payments such as awards or bonuses. OMB must compile agency submissions into an annual report to Congress and post it on its website for public access.
