The reported information would have to include a description of each project; an explanation of any change to the original scope. Image: CHUYKO SERGEY/Shutterstock.com
By: FEDweek StaffThe House has joined the Senate in passing S-1258, the “Billion Dollar Boondoggle Act,” to require OMB to issue guidance requiring agencies to report annually to Congress regarding projects that are more than five years behind schedule, or have expenditures that are at least $1 billion more than the original cost estimate for the project.
The reported information would have to include a description of each project; an explanation of any change to the original scope of the project; the original and current expected dates of completion; and more.
The House also has passed HR-890, to require agencies to publish their regulatory guidance online in a single, easily accessible location. New guidance would have to be posted as it is issued; agencies would have six months to post previous guidance, and any guidance that has been rescinded would have to remain posted with a disclaimer that it no longer applies.
The House report on the bill says that while disclosure requirements already are in place, agencies vary in how they disseminate such documents and centralized publishing “will make searching for guidance documents more efficient, while also allowing for transparency about the number and substance of guidance documents in effect.”
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