Billion Dollar Boondoggle Act of 2025

Annual public reporting will give Congress and taxpayers detailed information about severe delays, cost overruns, contractors, funding recipients, and performance bonuses.

What the law does ​

• Requires executive and independent regulatory agencies to report projects that are more than five years late or at least $1 billion over their original cost estimate.
• Covers major acquisitions, procurements, construction, cleanup efforts, and other time-limited projects not funded through direct spending.
• Requires details on project purpose, location, schedules, inflation-adjusted costs, scope changes, problems, contractors, recipients, and bonuses.
• Directs the Office of Management and Budget to issue guidance within one year, report annually to Congress, and publish the findings online.

Who it affects ​

• Executive agencies and independent regulatory agencies managing covered projects.
• Contractors and other recipients of funding for projects with major delays or cost overruns.
• Congress and taxpayers seeking oversight of federal project performance.

Breakdown ​

Billion Dollar Boondoggle Act of 2025 ​

This law requires the Office of Management and Budget to publish an annual report on certain federally funded projects with major delays or cost overruns. Covered agencies must provide detailed information about each project, including its purpose, location, schedule, costs, recipients, reasons for problems, and any bonuses awarded.

Key takeaways

• The reporting requirement applies to executive agencies and independent regulatory agencies.
• A project is covered if it is more than five years behind its original schedule or at least $1 billion over its original cost estimate.
• Covered projects include major acquisitions, procurements, construction, cleanup efforts, and other time-limited endeavors not funded through direct spending.
• The Office of Management and Budget must issue reporting guidance within one year after enactment.
• Agencies must report original and current schedules and inflation-adjusted cost estimates, scope changes, reasons for delays or higher costs, and information about contractors and funding recipients.
• The Office of Management and Budget must submit the report to Congress each year and publish it on its website.