,,ii #aahth ,,congress #ast ,session ,s4 #bagd ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,june #bb1 #bjbc,mr4 ,tester 7for himself1 ,mr4 ,moran1 ,mr4 ,reed1 ,mr4 ,rounds1 and ,mr4 ,hoeven7 introduced the following bill2 which was read twice and referred to the ,committee on ,veterans' ,affairs ,a ,,bill ,to amend title #ch1 ,united ,states ,code1 to adjust the threshold amount for minor medical facility construction projects of the ,department of ,veterans ,affairs1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,department of ,veterans ,affairs ,minor ,construction ,threshold ,adjustment ,act of #bjbc4 #b4 ,adjustment of threshold amount for minor medical facility projects of ,department of ,veterans ,affairs ,section #hajd7;a7 of title #ch1 ,united ,states ,code1 is amended-- 7#a7 in paragraph 7#c77;,a71 by striking #bj1jjj1jjj each place it appears and inserting the amount specified in paragraph 7#d72 and 7#b7 by adding at the end the following new paragraph3 7#d7 7,a7 ,the amount specified in this paragraph is #cj1jjj1jjj1 as adjusted pursuant to this paragraph4 7,b7 7i7 ,the ,secretary shall develop1 through regulations1 a mechanism to adjust the amount under subparagraph 7,a7 to account for relevant factors relating to construction1 cost of land1 real estate1 economic conditions1 labor conditions1 inflation1 and other relevant factors the ,secretary considers necessary to ensure such amount keeps pace with all economic conditions that impact the price of construction projects1 to include planning1 management1 and delivery of the project4 7ii7 ,in developing the mechanism under clause 7i71 the ,secretary may-- 7,i7 use a mechanism or index already relied upon by the ,department for other relevant programs1 a mechanism or index used by another ,federal agency1 or a commercial mechanism or index if such mechanism or index satisfactorily addresses the intent of this subparagraph2 or 7,,ii7 create a new mechanism or index if the ,secretary considers it appropriate and necessary to do so4 7,c7 7i7 ,not less frequently than once every two years1 the ,secretary shall-- 7,i7 adjust the amount under subparagraph 7,a72 or 7,,ii7 publish a notice in the ,federal ,register indicating that no adjustment is warranted4 7ii7 ,not later than #cj days before adjusting an amount pursuant to clause 7i77,i7 or publishing a notice pursuant to clause 7i77,,ii71 the ,secretary shall notify the ,committee on ,veterans' ,affairs and the ,committee on ,appropriations of the ,senate and the ,committee on ,veterans' ,affairs and the ,committee on ,appropriations of the ,house of ,representatives4 7,d7 ,the ,secretary shall determine a logical schedule for adjustments under this paragraph to take effect so that the amounts for and types of construction projects requested by the ,department in the budget of the ,president under section #aaje7;a7 of title #ca are consistent with the threshold for construction projects as so adjusted4 4