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Read. Follow. Verify.Presidential Delegation of Authority for Large Federal Projects
Original title: Delegation of Functions and Authorities Under Section 9902(a)(3)(B) of the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021
Record date · July 19, 2024
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What This Bill Does
President Biden has delegated specific oversight responsibilities to the Director of the Office of Management and Budget. This authority concerns the certification and reporting requirements for federal projects that exceed $3 billion in value.
Why it matters
This action streamlines the oversight process for massive federal infrastructure and defense investments, ensuring accountability for projects costing billions of taxpayer dollars.
Key Facts
- The President delegated authority under Section 9902(a)(3)(B) of the 2021 National Defense Authorization Act.
- The Director of the Office of Management and Budget is now responsible for certifying and reporting on federal projects over $3 billion.
- This memorandum was signed on July 19, 2024, and published in the Federal Register.
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www.federalregister.gov
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