Webinar: FTA Notice of Proposed Rulemaking for the Project Management Oversight Rule
FTA will host a webinar from 1:30-2:30 PM ET on Thursday, October 3, 2019 to present on the Notice of Proposed Rulemaking (NPRM) for the Project Management Oversight (PMO) rule.
The rule would redefine a "major capital project" as a new rail transit or bus rapid transit project -- or an extension, rehabilitation or modernization of an existing transit system -- with a total project cost of $300 million or more and with a federal investment of $100 million or more. The previous threshold defined a major capital project as a project costing $100 million or more but did not include federal support as a factor.
Federal public transportation law requires FTA to maintain a PMO regulation. The rule has not been updated since 1989, and the industry and economic conditions have changed significantly since then. Other changes to the rule include updates to the elements of the required Project Management Plan that reflect industry best practices.
FTA will not accept any comments or questions on the NPRM during the webinar; all comments and questions should be submitted per the instructions in the public docket. Registration is available on a first-come, first-served basis and will be open to the first 500 participants. The webinar will be recorded and made available on FTA’s Project Management Oversight page.