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ices that are provided by the non-Federal
interest for implementation of the project;
‘‘(ii) the value of materials or services
provided before execution of an agreement
for the project, including efforts on con-
structed elements incorporated into the
project; and
‘‘(iii) materials and services provided
after an agreement is executed.
‘‘(B) CONDITION.—The Secretary shall cred-
it an in-kind contribution under subparagraph
(A) if the Secretary determines that the property
or service provided as an in-kind contribution is
integral to the project.
‘‘(C) LIMITATIONS.—Credit authorized for a
project—
‘‘(i) shall not exceed the non-Federal
share of the cost of the project;
‘‘(ii) shall not alter any other require-
ment that a non-Federal interest provide
land, an easement or right-of-way, or an
area for disposal of dredged material for the
project; and
‘‘(iii) shall not exceed the actual and
reasonable costs of the materials, services, or
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other things provided by the non-Federal in-
terest, as determined by the Secretary.’’.
SEC. 2002. INTERAGENCY AND INTERNATIONAL SUPPORT
AUTHORITY.
Section 234 of the Water Resources Development Act
of 1996 (33 U.S.C. 2323a) is amended—
(1) by striking subsection (a) and inserting the
following:
‘‘(a) IN GENERAL.—The Secretary may engage in ac-
tivities (including contracting) in support of other Federal
agencies, international organizations, or foreign govern-
ments to address problems of national significance to the
United States.’’;
(2) in subsection (b), by striking ‘‘Secretary of
State’’ and inserting ‘‘Department of State’’; and
(3) in subsection (d)—
(A) by striking ‘‘$250,000 for fiscal year
2001’’ and inserting ‘‘$1,000,000 for fiscal year
2007 and each fiscal year thereafter’’; and
(B) by striking ‘‘or international organiza-
tions’’ and inserting ‘‘, international organiza-
tions, or foreign governments’’.
SEC. 2003. TRAINING FUNDS.
(a) IN GENERAL.—The Secretary may include indi-
viduals from the non-Federal interest, including the private
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sector, in training classes and courses offered by the Corps
of Engineers in any case in which the Secretary determines
that it is in the best interest of the Federal Government
to include those individuals as participants.
(b) EXPENSES.—
(1) IN GENERAL.—An individual from a non-
Federal interest attending a training class or course
described in subsection (a) shall pay the full cost of
the training provided to the individual.
(2) PAYMENTS.—Payments made by an indi-
vidual for training received under subsection (a), up
to the actual cost of the training—
(A) may be retained by the Secretary;
(B) shall be credited to an appropriation or
account used for paying training costs; and
(C) shall be available for use by the Sec-
retary, without further appropriation, for train-
ing purposes.
(3) EXCESS AMOUNTS.—Any payments received
under paragraph (2) that are in excess of the actual
cost of training provided shall be credited as miscella-
neous receipts to the Treasury of the United States.
SEC. 2004. FISCAL TRANSPARENCY REPORT.
(a) IN GENERAL.—On the third Tuesday of January
of each year beginning January 2008, the Chief of Engi-
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neers shall submit to the Committee on Environment and
Public Works of the Senate and the Committee on Transpor-
tation and Infrastructure of the House of Representatives
a report on the expenditures for the preceding fiscal year
and estimated expenditures for the current fiscal year.
(b) CONTENTS.—In addition to the information de-
scribed in subsection (a), the report shall contain a detailed
accounting of the following information:
(1) With respect to general construction, infor-
mation on—
(A) projects currently under construction,
including—
(i) allocations to date;
(ii) the number of years remaining to
complete construction;
(iii) the estimated annual Federal cost
to maintain that construction schedule; and
(iv) a list of projects the Corps of En-
gineers expects to complete during the cur-
rent fiscal year; and
(B) projects for which there is a signed cost-
sharing agreement and completed planning, en-
gineering, and design, including—
(i) the number of years the project is
expected to require for completion; and
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(ii) estimated annual Federal cost to
maintain that construction schedule.
(2) With respect to operation and maintenance
of the inland and intracoastal waterways under sec-
tion 206 of Public Law 95–502 (33 U.S.C. 1804)—
(A) the estimated annual cost to maintain
each waterway for the authorized reach and at
the authorized depth; and
(B) the estimated annual cost of operation
and maintenance of locks and dams to ensure
navigation without interruption.
(3) With respect to general investigations and re-
connaissance and feasibility studies—
(A) the number of active studies;
(B) the number of completed studies not yet
authorized for construction;
(C) the number of initiated studies; and
(D) the number of studies expected to be
completed during the fiscal year.
(4) Funding received and estimates of funds to
be received for interagency and international support
activities under section 318(a) of the Water Resources
Development Act of 1990 (33 U.S.C. 2323(a)).
(5) Recreation fees and lease payments.
(6) Hydropower and water storage fees.
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(7) Deposits into the Inland Waterway Trust
Fund and the Harbor Maintenance Trust Fund.
(8) Other revenues and fees collected.
(9) With respect to permit applications and no-
tifications, a list of individual permit applications
and nationwide permit notifications, including—
(A) the date on which each permit applica-
tion is filed;
(B) the date on which each permit applica-
tion is determined to be complete; and
(C) the date on which the Corps of Engi-
neers grants, withdraws, or denies each permit.
(10) With respect to the project backlog, a list of
authorized projects for which no funds have been allo-
cated for the 5 preceding fiscal years, including, for
each project—
(A) the authorization date;
(B) the last allocation date;
(C) the percentage of construction com-
pleted;
(D) the estimated cost remaining until com-
pletion of the project; and
(E) a brief explanation of the reasons for
the delay.
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SEC. 2005. PLANNING.
(a) MATTERS TO BE ADDRESSED IN PLANNING.—Sec-
tion 904 of the Water Resources Development Act of 1986
(33 U.S.C. 2281) is amended—
(1) by striking ‘‘Enhancing’’ and inserting the
following:
‘‘(a) IN GENERAL.—Enhancing’’; and
(2) by adding at the end the following:
‘‘(b) ASSESSMENTS.—For all feasibility reports com-
pleted after December 31, 2005, the Secretary shall assess
whether—
‘‘(1) the water resource project and each sepa-
rable element is cost-effective; and
‘‘(2) the water resource project complies with
Federal, State, and local laws (including regulations)
and public policies.’’.
(b) PLANNING PROCESS IMPROVEMENTS.—The Chief
of Engineers—
(1) shall, not later than 2 years after the date on
which the feasibility study cost sharing agreement is
signed for a project, subject to the availability of
appropriations—
(A) complete the feasibility study for the
project; and
(B) sign the report of the Chief of Engineers
for the project;
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(2) may, with the approval of the Secretary, ex-
tend the deadline established under paragraph (1) for
not to exceed 4 years, for a complex or controversial
study; and
(3)(A) shall adopt a risk analysis approach to
project cost estimates; and
(B) not later than 1 year after the date of enact-
ment of this Act, shall—
(i) issue procedures for risk analysis for cost
estimation; and
(ii) submit to Congress a report that in-
cludes suggested amendments to section 902 of
the Water Resources Development Act of 1986
(33 U.S.C. 2280).
(c) CALCULATION
OF BENEFITS
AND COSTS
FOR
FLOOD DAMAGE REDUCTION PROJECTS.—A feasibility
study for a project for flood damage reduction shall include,
as part of the calculation of benefits and costs—
(1) a calculation of the residual risk of flooding
following completion of the proposed project;
(2) a calculation of the residual risk of loss of
human life and residual risk to human safety fol-
lowing completion of the proposed project; and
(3) a calculation of any upstream or down-
stream impacts of the proposed project.
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(d) CENTERS
OF SPECIALIZED PLANNING EXPER-
TISE.—
(1) ESTABLISHMENT.—The Secretary may estab-
lish centers of expertise to provide specialized plan-
ning expertise for water resource projects to be carried
out by the Secretary in order to enhance and supple-
ment the capabilities of the districts of the Corps of
Engineers.
(2) DUTIES.—A center of expertise established
under this subsection shall—
(A) provide technical and managerial as-
sistance to district commanders of the Corps of
Engineers for project planning, development, and
implementation;
(B) provide peer reviews of new major sci-
entific, engineering, or economic methods, mod-
els, or analyses that will be used to support deci-
sions of the Secretary with respect to feasibility
studies;
(C) provide support for external peer review
panels convened by the Secretary; and
(D) carry out such other duties as are pre-
scribed by the Secretary.
(e) COMPLETION
OF CORPS
OF ENGINEERS RE-
PORTS.—
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(1) ALTERNATIVES.—
(A) IN
GENERAL.—Feasibility and other
studies and assessments of water resource prob-
lems and projects shall include recommendations
for alternatives—
(i) that, as determined by the non-Fed-
eral interests for the projects, promote inte-
grated water resources management; and
(ii) for which the non-Federal interests
are willing to provide the non-Federal share
for the studies or assessments.
(B) SCOPE AND PURPOSES.—The scope and
purposes of studies and assessments described in
subparagraph (A) shall not be constrained by
budgetary or other policy as a result of the inclu-
sion of alternatives described in that subpara-
graph.
(C) REPORTS OF CHIEF OF ENGINEERS.—
The reports of the Chief of Engineers shall be
based solely on the best technical solutions to
water resource needs and problems.
(2) REPORT COMPLETION.—The completion of a
report of the Chief of Engineers for a project—