COEFinal Rule

Procedures to Implement the Principles, Requirements, and Guidelines for Federal Investments in Water Resources; Correction

EnvironmentFinance & Banking

Summary

The U.S. Army Corps of Engineers updated its rules for how the federal government decides whether to invest taxpayer money in water projects like dams, flood control systems, and waterway improvements. These updated procedures ensure that water projects are evaluated fairly and consistently across the country, helping determine which projects get built and how much they cost taxpayers.

Key Points

  • 1The Corps of Engineers clarified its decision-making process for evaluating federal water resource projects to make sure projects are judged using consistent standards nationwide
  • 2The regulation affects communities applying for federal funding for water infrastructure, including flood protection, navigation improvements, and water supply projects
  • 3The update corrects and refines previous guidelines to help project planners understand what the federal government expects when requesting funding
  • 4This impacts how federal agencies, state and local governments, and private entities develop and propose water projects
  • 5The regulation helps ensure that taxpayer money for water projects is spent wisely by requiring clear, standardized evaluation criteria

Key Dates

Published

January 14, 2025

This summary is for informational purposes only. It may not capture all nuances of the regulation. Always refer to the official text for authoritative information.

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