41-U.S.C.-3103

41-U.S.C.-3103

§3103 – Acquisition Programs

Pathway

Title 41 > Subtitle I > Division C > Chapter 31 > Section 3103

Details

  • Reference: Section 3103
  • Legend: §3103 – Acquisition Programs
  • USCode Year: 2013

Provision Content

(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.

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

Historical and Revision Notes
Revised
Section
Source (U.S. Code) Source (Statutes at Large)
3103 41:263. June 30, 1949, ch. 288, title III, §313, as added Pub. L. 103–355, title V, §5051(a), Oct. 13, 1994, 108 Stat. 3351; Pub. L. 105–85, div. A, title VIII, §851(a), Nov. 18, 1997, 111 Stat. 1851.

U.S. Encyclopedia of Law Coverage

41-U.S.C.-2305 in the Legal Encyclopedia: Public Contracts

In this entry about 41-U.S.C.-2305, find legal reference material, bibliographies and premiere content related to public contracts in the American Encyclopedia of Law, presenting a comprehensive view of the United States public contracts-specific issues, written by authorities in the field.

41-U.S.C.-2310 in the Legal Encyclopedia: Procurement

In this entry about 41-U.S.C.-2310, find legal reference material, bibliographies and premiere content related to procurement in the American Encyclopedia of Law, presenting a comprehensive view of the United States procurement-specific issues, written by authorities in the field.

41-U.S.C.-2303 in the Legal Encyclopedia: Federal Procurement Policy

In this entry about 41-U.S.C.-2303, find legal reference material, bibliographies and premiere content related to federal procurement policy in the American Encyclopedia of Law, presenting a comprehensive view of the United States federal procurement policy-specific issues, written by authorities in the field.

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