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41 U.S.C. § 3103 — Acquisition programs

submitted 15 years ago by Pub. L. 111-350 to r/title-41-PUBLIC-CONTRACTS · 167 words · no verdicts yet

in plain englishAI-generated · not legal advice

Congress states a policy that executive agencies should meet, on average, 90 percent of major acquisition programs’ cost, performance, and schedule goals. Agency heads must set goals and identify programs needing corrective action.

(a) Congress’s policy is that each executive-agency head should achieve, on average, 90 percent of the cost, performance, and schedule goals for the agency’s major acquisition programs.

(b) (1) The head of each executive agency must approve or define those goals. (2) The agency’s chief financial officer must evaluate the proposed cost goals for each major acquisition program.

(c) To carry out the policy, the agency head must determine whether there is a continuing need for a program that is seriously behind schedule, over budget, or failing performance or capability requirements. The agency head must identify suitable actions, including ending the program.

the actual law source: uscode.house.gov ↗public domain
(a)Congressional Policy.—

It is the policy of Congress that the head of each executive agency should achieve, on average, 90 percent of the cost, performance, and schedule goals established for major acquisition programs of the agency.

(b)Establishment of Goals.—
(1)By head of executive agency.—

The head of each executive agency shall approve or define the cost, performance, and schedule goals for major acquisition programs of the agency.

(2)By chief financial officer.—

The chief financial officer of an executive agency shall evaluate the cost goals proposed for each major acquisition program of the agency.

(c)Identification of Noncompliant Programs.—

When it is necessary to implement the policy set out in subsection (a), the head of an executive agency shall—

(1)

determine whether there is a continuing need for programs that are significantly behind schedule, over budget, or not in compliance with performance or capability requirements; and

(2)

identify suitable actions to be taken, including termination, with respect to those programs.

Source credit: (Pub. L. 111–350, § 3, Jan. 4, 2011, 124 Stat. 3743.)

history & why it existsrecord from the source credit
  • 2011Enacted · Pub. L. 111-350 · 124 Stat. 3743

A history note hasn’t been published yet. The record shows enactment by Pub. L. 111-350 on 2011-01-04.

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