Heat oven to 350°F. Trim fat from steak. Cut steak lengthwise in half and then crosswise into 1/4-inch thick strips. In ovenproof Dutch oven, heat oil over medium-high heat until hot. Add beef, bell pepper, onion and garlic (half at a time) and stir-fry 2 to 3 minutes or until outside surface of beef is no longer pink. Stir in rice, chili powder, salt and pepper. Add tomatoes and water. Bake in 350°F oven, tightly covered, 30 to 35 minutes or until beef and rice are tender. Remove from oven; stir in peas.
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