Promoting Infrastructure by Protecting Our Subcontractors and Taxpayers Act
- Last Action
- 3/9/2021
Actions
- 2021-03-09Read twice and referred to the Committee on Environment and Public Works.
- 2021-03-09Introduced in Senate
CRS Summary
As of 2021-03-09 (00)
Promoting Infrastructure by Protecting Our Subcontractors and Taxpayers Act
This bill revises the transportation infrastructure finance and innovation program to require the Department of Transportation (DOT) to ensure that the design and construction of a project carried out under the program must have appropriate payment and performance security, regardless of whether the obligor is a state, local government, agency or instrumentality of a state or local government, public authority, or private party.
DOT may accept such payment and performance security requirements if it makes a written determination that the federal interest is adequately protected.
Cosponsors (4)
- Mike Rounds (R-SD)
- Mark Kelly (D-AZ)
- Joni Ernst (R-IA)
- Tim Scott (R-SC)
Subjects
- Infrastructure development
- Public contracts and procurement
- Roads and highways
- State and local finance
- Transportation programs funding
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.