Bill > HB2030

This bill requires the Joint Legislative Audit and Review Committee (JLARC) to conduct a comprehensive study of the Interstate Bridge Replacement Project's financial oversight by December 1, 2027. The study will examine multiple aspects of the project, including financial transparency, expenditure accountability, forecasting methods, and oversight mechanisms. Specifically, the JLARC will assess compliance with state and federal reporting requirements, compare financial disclosures against similar megaproject benchmarks, analyze funding allocation and spending since the project's 2019 restart, identify cost overruns, review payments to non-Washington agencies, and examine potential conflicts of interest. The committee will also evaluate the reliability of traffic and revenue projections, review forecasting processes, and assess the Washington State Department of Transportation's financial oversight mechanisms. The bill allows JLARC to contract external experts in transportation infrastructure and financial management, and mandates a final report to be submitted to legislative committees by December 1, 2027. The provisions of this bill will automatically expire on December 31, 2027, ensuring a time-limited, focused review of the project's financial management.

Transportation and Infrastructure

https://app.leg.wa.gov/billsummary?BillNumber=2030&Year=2025&Initiative=false