Preheat the oven to 425 degrees.
Add Tater tots to a large mixing bowl. Toss with 1 tablespoon olive oil, garlic powder, onion powder, and black pepper. Place onto a foil lined baking sheet and bake for 15 minutes.
Meanwhile, heat a skillet over medium high heat. Add 1 tablespoon of olive oil
Once hot, add the sliced onions. Cook for 5 minutes, then add the peppers. Add a pinch of salt and pepper and sauté for 5 minutes. Remove and set aside.
Next, add the steak. Cook for 4 minutes, then add onions and peppers back to the pan.
Next, top with Alfredo sauce and the shredded cheese. Cover to allow cheese to melt, and remove from heat.
Slide the steak and cheese out of the pan and onto the top of the tater tots.
If the cheese has not yet fully melted, place back into the oven for about 5 minutes.
If desired, add more cheese, and bake until melted.
Drizzle with Alfredo and garnish with fresh chopped herbs. Enjoy!