41 U.S.C. § 263
Section 263 · Performance based management: acquisition programs
Current version, with additions and removals from the October 13, 1994 version.
(1) The head of each executive agency shall approve or define the cost, performance, and schedule goals for major acquisition programs of the agency.
(1) The head of each executive agency shall approve or define the cost, performance, and schedule goals for major acquisition programs of the agency.
(2) The chief financial officer of an executive agency shall evaluate the cost goals proposed for each major acquisition program of the agency.
(2) The chief financial officer of an executive agency shall evaluate the cost goals proposed for each major acquisition program of the agency.
Whenever it is necessary to do so in order to implement the policy set out in subsection (a) of this section, the head of an executive agency shall—
Whenever it is necessary to do so in order to implement the policy set out in subsection (a) of this section, 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
(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 such programs.
(2) identify suitable actions to be taken, including termination, with respect to such programs.