To require the Director of the Office of Management and Budget to submit to Congress an annual report on projects that are over budget and behind schedule, and for other purposes.
Sponsors
Legislative Progress
Passed SenateMs. Ernst (for herself, Ms. Hassan, Mr. Paul, Mr. Scott …
Ms. Ernst (for herself, Ms. Hassan, Mr. Paul, Mr. Scott …
Ms. Ernst (for herself, Ms. Hassan, Mr. Paul, Mr. Scott …
Ms. Ernst (for herself, Ms. Hassan, Mr. Paul, Mr. Scott …
Ms. Ernst (for herself, Ms. Hassan, Mr. Paul, Mr. Scott …
Ms. Ernst (for herself, Ms. Hassan, Mr. Paul, Mr. Scott …
Ms. Ernst (for herself, Ms. Hassan, Mr. Paul, Mr. Scott …
Ms. Ernst (for herself, Ms. Hassan, Mr. Paul, Mr. Scott …
Passed Senate (inferred from es version)
Summary
What This Bill Does
This bill requires federal agencies to report annually on projects that are either more than 5 years behind their original schedule or at least \ billion over their original cost estimate. Reports must include explanations for delays and cost overruns.
Who Benefits and How
Taxpayers and Congress gain transparency into major project failures. Oversight bodies receive structured data on problem projects.
Who Bears the Burden and How
Federal agencies must track and report on problem projects. OMB must issue guidance requiring the reporting.
Key Provisions
- Defines "covered project" as 5+ years late OR + billion over budget
- Requires reporting of original and current costs (adjusted for inflation)
- Must explain any scope changes, delays, and cost increases
- Must disclose any bonuses or incentive fees paid despite problems
- Covers major acquisitions, defense programs, construction, and remediation
Evidence Chain:
This summary is derived from the structured analysis below. See "Detailed Analysis" for per-title beneficiaries/burden bearers with clause-level evidence links.
Primary Purpose
Requires agencies to report annually on "covered projects" that are either 5+ years behind schedule or \+ billion over budget, increasing transparency on major government project failures.
Policy Domains
Legislative Strategy
"Increase transparency on major project failures through mandatory reporting"
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_director"
- → Director of the Office of Management and Budget
Key Definitions
Terms defined in this bill
A project that is more than 5 years behind schedule, or for which the amount spent is not less than \,000,000,000 more than the original cost estimate
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology