The Small Projects Expedited Execution and Delivery Act, or SPEED Act, seeks to streamline the approval process for certain transportation projects by modifying existing federal law. Specifically, it amends provisions within MAP-21 related to categorical exclusions , which are used for projects deemed to have no significant environmental impact and thus can bypass more extensive environmental reviews. The bill significantly increases the financial thresholds for projects eligible for these expedited reviews. It raises the limit for projects with limited federal assistance from $6,000,000 to $12,000,000 and for other specified projects from $35,000,000 to $70,000,000 . This expansion aims to accelerate the execution and delivery of a greater number of small to medium-sized infrastructure projects.