Transportation Megaprojects Accountability and Oversight Act
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Summary
This bill amends federal transportation law to establish oversight requirements for large transportation projects with estimated costs of $2.5 billion or more. Recipients of federal funding for such 'megaprojects' must submit comprehensive risk management plans, establish independent peer review groups to provide expert oversight, and publish project information online. The bill also directs the Transportation Research Board to study megaproject management practices and recommend improvements to federal oversight.
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