REQUESTING THE OFFICE OF PLANNING AND SUSTAINABLE DEVELOPMENT, IN COORDINATION WITH APPROPRIATE STATE AND COUNTY DEPARTMENTS OR AGENCIES, TO DEVELOP METHODS TO ESTIMATE COSTS ASSOCIATED WITH DELAYS IN CERTAIN PUBLIC AND PRIVATE DEVELOPMENT PROJECTS.

This bill requests Hawaii's Office of Planning and Sustainable Development to work with state and county agencies (including Transportation, Budget, and Land Use Commission) to develop methods for tracking costs caused by delays in public or private projects using public funds or permits. It specifically asks for strategies to identify delay-related costs (like labor, materials, or inflation) and to update budget forms and permit applications to include these estimates. The goal is to provide decision-makers with clearer cost data to inform project approvals, preventing outdated cost-benefit analyses. The Office must report its findings and recommendations to the Legislature by early 2026.