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Protecting Subcontractors and Taxpayers in Infrastructure Projects

New rules aim to increase financial security in large infrastructure projects funded by the TIFIA program. This means that companies building roads or bridges will have to provide payment guarantees for their subcontractors, protecting them from insolvency. As a result, taxpayers' money is better secured, and projects have a higher chance of timely completion.
Key points
Mandatory payment and performance security for all TIFIA-funded infrastructure projects, regardless of the contractor.
Increased protection for subcontractors, ensuring they receive payment for their work.
Better safeguarding of public funds, minimizing the risk of losses for taxpayers in case of contractor issues.
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Expired
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Additional Information
Print number: 117_S_638
Sponsor: Sen. Van Hollen, Chris [D-MD]
Process start date: 2021-03-09
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Promoting Infrastructure by Protecting Our Subcontractors and Taxpayers Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_638.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-03-09.

What are the main provisions?

Key points include:

  • Mandatory payment and performance security for all TIFIA-funded infrastructure projects, regardless of the contractor.
  • Increased protection for subcontractors, ensuring they receive payment for their work.
  • Better safeguarding of public funds, minimizing the risk of losses for taxpayers in case of contractor issues.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Van Hollen, Chris [D-MD].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Public Investments Transport