A multiple-pass, high energy Energy Recovery Linac experiment at the JLab CEBAF will be instrumental in providing necessary information and technology testing for a number of possible future applications and facilities such as Linac-Ring based colliders, which have been designed at BNL (eRHIC) and CERN (LHeC), and also drivers for high-energy FELs and 4th GLS. The project has been submitted to, and has received approval from, JLab Program Advisory Committee (PAC 44) in July 2016. Since it was launched 2+ years ago, it has progressed in defining the experimental goals, including for instance multiple-beam instrumentation, ER efficiency, BBU, and the necessary modifications to CEBAF lattice, including for instance a 4-dipole phase chicane in recirculation Arc A, a dump line, and new linac optics. End-to-end simulations have been undertaken and software tools are under development. A next major objective in demonstrating readiness is a technical review as mandated by PAC 44. This paper gives a status of the project and its context, and presents plans for the near future. Proceedings of the 59th ICFA Advanced Beam Dynamics Workshop on Energy Recovery Linacs, ERL2017, Geneva, Switzerland