Streamlining the Requirements for Approved Projects for Public Works and Economic Development Investments

Document 2026-05229 is a Final Rule published by the Department of Commerce in the Federal Register on March 17, 2026, with an effective date of March 17, 2026. By this rule, EDA amends its regulations governing public works and economic development investments by removing certain unnecessary language. Specifically, this action removes unnecessary language related to bid overrun, project signs, and occupancy prior to final acceptance. This action is intended to streamline EDA's regulations without diminishing any substantive rights or obligations in connection with public works and economic development investments. View the original at https://www.federalregister.gov/documents/2026/03/17/2026-05229/streamlining-the-requirements-for-approved-projects-for-public-works-and-economic-development.

No. Document 2026-05229 is not classified as economically significant under Executive Order 12866. Economically significant rules require OIRA review and are estimated to have impacts of $100 million or more per year.