BILL REQ. #:  H-1266.1 

Read first time 01/25/2007.   Referred to Committee on Transportation.

     AN ACT Relating to reviewing project cost estimates for transportation projects; creating a new section; and making an appropriation.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

NEW SECTION.  Sec. 1   The joint transportation committee shall conduct an audit and review of the department of transportation's project cost estimating processes for projects funded by the 2003 nickel account and the 2005 transportation partnership account. The review may include the use of an expert review panel to determine if best practices are being used to estimate project costs. The review must include an analysis of the accuracy of previous cost estimates compared to actual costs for completed projects, and current project cost estimates compared to original estimates for projects that are not yet completed. The joint transportation committee shall report its findings and recommendations to the house of representatives and senate transportation committees by December 1, 2007.

NEW SECTION.  Sec. 2   The sum of one hundred fifty thousand dollars, or as much thereof as may be necessary, is appropriated for the biennium ending June 30, 2009, from the motor vehicle fund to the joint transportation committee for the purposes of this act.