30 May 2025
🚧Final Rule on Rescinding Regulations for National Projects
Rescinding Regulations on Projects of National and Regional Significance Evaluation and Rating
Summary
This final rule rescinds the rule and regulations issued on October 24, 2008, Projects of National and Regional Significance Evaluation and Rating.
Agencies
- Transportation Department
- Federal Highway Administration
Business Impact
$$ - Med
The rescinding of Part 505 eliminates evaluations and ratings for projects previously deemed significant under federal funding. This impacts businesses involved in transportation infrastructure as they will no longer rely on the guidelines set for project funding, potentially affecting business opportunities and planning.