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Current as of January 02, 2025 | Updated by Findlaw Staff
The Administrator may, in compelling circumstances, determine that a project meeting the criteria of § 633.5(e)(1) is not a major capital project because project management oversight under this part will not benefit the Federal government or the recipient. Typically, this means a project that:
(a) Involves a recipient whose past record indicates the appropriateness of excluding the project from project management oversight under this part; and
(b) Involves such a greater level of financial risk to the recipient than to the Federal government that project management oversight under this part is made less necessary to secure the recipient's diligence.
Cite this article: FindLaw.com - Code of Federal Regulations Title 49. Transportation § 49.633.19 Exclusion from the project management oversight program - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-49-transportation/cfr-sect-49-633-19/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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