116th CONGRESS 1st Session |
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.
March 27, 2019
Mr. Gallagher (for himself and Ms. Speier) introduced the following bill; which was referred to the Committee on Oversight and Reform, and in addition to the Committee on the Budget, 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
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.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
This Act may be cited as the “Billion Dollar Boondoggle Act of 2019”.
(a) Definition of covered agency.—In this section, the term “covered agency” means—
(1) an Executive agency, as defined in section 105 of title 5, United States Code; and
(2) an independent regulatory agency, as defined in section 3502 of title 44, United States Code.
(b) Requirement.—Not later than 1 year after the date of enactment of this Act, and every year thereafter, the Director of the Office of Management and Budget shall submit to Congress and post on the website of the Office of Management and Budget a report on each project funded by a covered agency—
(1) that is more than 5 years behind schedule; or
(2) for which the amount spent on the project is not less than $1,000,000,000 more than the original cost estimate for the project.
(c) Contents.—Each report submitted and posted under subsection (b) shall include, for each project included in the report—
(1) a brief description of the project, including—
(A) the purpose of the project;
(B) each location in which the project is carried out;
(C) the year in which the project was initiated;
(D) the Federal share of the total cost of the project; and
(E) each primary contractor, subcontractor, grant recipient, and subgrantee recipient of the project;
(2) an explanation of any change to the original scope of the project, including by the addition or narrowing of the initial requirements of the project;
(3) the original expected date for completion of the project;
(4) the current expected date for completion of the project;
(5) the original cost estimate for the project, as adjusted to reflect increases in the Consumer Price Index for All Urban Consumers, as published by the Bureau of Labor Statistics;
(6) the current cost estimate for the project, as adjusted to reflect increases in the Consumer Price Index for All Urban Consumers, as published by the Bureau of Labor Statistics;
(7) an explanation for a delay in completion or increase in the original cost estimate for the project; and
(8) the amount of and rationale for any award, incentive fee, or other type of bonus, if any, awarded for the project.
(d) Submission with budget.—Section 1105(a) of title 31, United States Code, is amended by adding at the end the following:
“(40) the report required under section 2(b) of the Billion Dollar Boondoggle Act of 2019 for the calendar year in which the fiscal year covered by the budget begins.”.