§304 Biannual report on overseas capital construction projects

Summary

The Secretary must send full reports to the appropriate congressional committees and the Senate and House Appropriations Committees about every ongoing overseas capital construction and major embassy security upgrade project. The first report is due within 180 days after December 27, 2021, and then every 180 days until December 27, 2025. Each report must list, for every project: the original cost estimate from the funding proposal, the current cost estimate, amounts for each equitable adjustment request and each certified claim, how much of the contingency fund was used and what remains, which requests and claims are still unresolved and which are settled (with final dollar amounts), the estimated completion date from the funding proposal (as updated within 45 days after a funding Act), and the current estimated completion date. The first report must also include an annex listing all embassy projects finished in the 10 years ending December 16, 2016, showing each project’s original estimate, actual spending, extra time taken, and any cost overruns.