StacksVerified U.S. regulatory reference

49 CFR §633.19

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
The Administrator may, in compelling circumstances, determine that a project meeting the criteria of § 633.5(e)(1) is not a major capital project because project management oversight under this part will not benefit the Federal government or the recipient. Typically, this means a project that:
  1. (a)Involves a recipient whose past record indicates the appropriateness of excluding the project from project management oversight under this part; and
  2. (b)Involves such a greater level of financial risk to the recipient than to the Federal government that project management oversight under this part is made less necessary to secure the recipient's diligence.