10 U.S.C. § 3225 — Discussion of risk in cost estimates
submitted 5 years ago by Pub. L. 116-283 to r/title-10-ARMED-FORCES · 183 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
The Director of Cost Assessment and Program Evaluation, and the Secretary of the military department concerned or the head of the Defense Agency* concerned (as applicable), shall each—
issue guidance requiring a discussion of risk, the potential impacts of risk on program costs, and approaches to mitigate risk in cost estimates for major defense acquisition* programs and major subprograms;
ensure that cost estimates are developed, to the extent practicable, based on historical actual cost information that is based on demonstrated contractor and Government performance and that such estimates provide a high degree of confidence that the program or subprogram can be completed without the need for significant adjustment to program budgets; and
include the information required in the guidance under paragraph (1)—
in any decision documentation approving a cost estimate within the baseline description or any other cost estimate for use at any event specified in section 3221(b)(6) of this title; and
in the next Selected Acquisition Report pursuant to section 4351 of this title in the case of a major defense acquisition program* or major subprogram.
Source credit: (Added and amended Pub. L. 116–283, div. A, title XVIII, § 1812(a), (f), Jan. 1, 2021, 134 Stat. 4174, 4176; Pub. L. 117–81, div. A, title XVII, § 1701(o)(6)(A)(ii), Dec. 27, 2021, 135 Stat. 2147; Pub. L. 118–159, div. A, title XVII, § 1701(a)(36), Dec. 23, 2024, 138 Stat. 2205.)
- 2021Enacted · Pub. L. 116-283 · 134 Stat. 4174, 4176
- 2021Amended · Pub. L. 117-81 · 135 Stat. 2147
- 2024Amended · Pub. L. 118-159 · 138 Stat. 2205
A history note hasn’t been published yet. The record shows enactment by Pub. L. 116-283 on 2021-01-01.
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