Bill > HB2353

This bill increases the cost threshold for requiring a predesign, which is a preliminary review of major capital construction projects, from $10 million to $15 million, reflecting rising construction costs. Additionally, starting in July 2027, this $15 million threshold will be adjusted annually for inflation using the C-100 form's inflation factor to account for future cost changes. The bill also clarifies that projects meeting the capital requirements for predesign under RCW 43.88.110 are not required to prepare a modified predesign, and it mandates that capital budget applicants for projects over the new threshold must answer specific questions about their project's alignment with local planning efforts and its potential impact on development and environmental outcomes. The Office of Financial Management (OFM), which oversees these processes, will use this information to promote capital facility expenditures that minimize unplanned costs and support community benefits.