Safety, Accountability, and Funding Efficiency for Transportation Act of 2005 - Requires government agencies to prepare cost benefit analyses before entering any private contract of $100,000 or more to procure private sector architectural, engineering, and related services for a surface transportation project.
Prescribes components of such cost benefit analysis, as well as accompanying materials including the performance history and political contribution history of the private contractor.
Prescribes procedural guidelines for mandatory public disclosure of the results of such cost-benefit analysis.