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Cost Estimates Improvement Act — HR. 991
Last updated: 2/5/2025 · Introduced: 2/5/2025
Author: Michael Cloud (R-TX)
TL;DR (AI)
- This Act establishes a process for federal agencies to regularly evaluate and improve the accuracy of their cost estimates.
- It requires the Congressional Budget Office (CBO) to review agency cost estimate methodologies and provide feedback.
- The bill mandates the development of training programs for agency personnel involved in preparing cost estimates to enhance their skills and expertise.
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Other Sections
Includes provisions on preamble, short title., and 1 more.
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