SB 969 Summary

• Renames the Public Works Project Peer Review Act of 2013 to the "Public Works Project Oversight Improvement Act"

• Defines "megaproject" as a transportation project with total estimated development and construction costs exceeding $2,500,000,000

• Requires administering agencies for megaprojects to establish comprehensive risk management plans, track identified risks, regularly reassess contingency reserves, and maintain capital cost estimates

• Mandates that administering agencies for megaprojects establish a peer review group to review planning, engineering, financing, and other project elements, with findings reported to the governing board or Legislature

• Requires administering agencies to publicly post on their Internet Web site a list of all engineers in responsible charge of megaproject work, including license numbers and types