2018 US Code
Title 41 - Public Contracts
Subtitle I - Federal Procurement Policy
Division C - Procurement
Chapter 31 - General
Sec. 3103 - Acquisition programs
| 41 U.S.C. § 3103 (2018) | ||||||
| §3103. Acquisition programs | ||||||
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(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. |
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(Pub. L. 111–350, §3, Jan. 4, 2011, 124 Stat. 3743.) |
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| United States Code, 2018 Edition, Title 41 - PUBLIC CONTRACTS | ||||||
| Bills and Statutes | ||||||
| United States Code | ||||||
| Y 1.2/5: | ||||||
| Title 41 - PUBLIC CONTRACTS Subtitle I - Federal Procurement Policy Division C - Procurement CHAPTER 31 - GENERAL Sec. 3103 - Acquisition programs |
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| section 3103 | ||||||
| 2018 | ||||||
| January 14, 2019 | ||||||
| Yes | ||||||
| standard | ||||||
| 108 Stat. 3351 111 Stat. 1851 124 Stat. 3743 |
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| Public Law 103-355, Public Law 105-85, Public Law 111-350 |
