PUBLIC LAW 104-21 —AUG. 4, 1995 109 STAT. 259 (e) GAO AUDIT.—Not later than December 31, 1996, and each Reports. December 31 thereafter, the Comptroller General of the United States shall audit the financial condition and the operations of the fund established under this section and shall submit to Congress a report on the results of such audit and on the financial condition and the results of the operation of the fund during the preceding fiscal year and on the expected condition and operations of the fund during the next 5 fiscal years. SEC. 4. ADDITIONAL REQUIREMENTS. (a) EXPEDITIOUS PROCESSING AND EXECUTION OF CONTRACTS. — The District of Columbia shall expeditiously process and execute contracts to implement the Federal-aid highway program in the District of Columbia. (b) REVOLVING FUND ACCOUNT.— The District of Columbia shall establish an independent revolving fund account for Federal-aid highway projects. The account shall be separate from the capital account of the Department of Public Works of the District of Columbia and shall be reserved for the prompt payment of contractors completing highway projects in the District of Columbia under title 23, United States Code. (c) HIGHWAY PROJECT EXPERTISE AND RESOURCES. —The District of Columbia shall ensure that necessary expertise and resources are available for planning, design, and construction of Federal-aid highway projects in the District of Columbia. (d) PROGRAMMATIC REFORMS. —The Secretary of Transportation, in consultation with the District of Columbia Financial Responsibility and Management Assistance Authority, may require administrative and programmatic reforms by the District of Columbia to ensure efficient management of the Federal-aid highway program in the District of Columbia. (e) GAO AUDIT. —The Comptroller (General of the United States Reports, shall review implementation of the requirements of this section (including requirements imposed under subsection (d)) and report to Congress on the results of such review not later than July 1, 1996. Approved August 4, 1995. LEGISLATIVE HISTORY— H.R. 2017 (S. 1023): HOUSE REPORTS: No. 104^217, Pt. 1 (Comm. on Transportation and Infrastructure). SENATE REPORTS: No. 104-111 accompanying S. 1023 (Comm. on Environment and Public Works). CONGRESSIONAL RECORD, Vol. 141 (1995): July 20, S. 1023 considered and passed Senate. July 31, H.R. 2017 considered and passed House and Senate. WEEKLY COMPILATION OF PRESIDENTIAL DOCUMENTS, Vol. 31 (1995): Aug. 4, Presidential statement.
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