4. Allow agencies to match funds. (3) The Director of OMB should forward legislation to Congress that would allow agencies to match funds with each other through the WCFs for cross-agency projects or with other partners such as state and local governments and private industry to share risks and leverage participation at agency and cross-agency levels. For fiscal year 1994, OMB should test this idea in a pilot program at one major agency by including new legislative language. The pilot program should test the feasibility of using the approach based on the approved scope developed in cooperation with OMB and Congress to control the investment pattern as an alternative to using prior coordination and approval by OMB and Congress on each project.
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