Sec. 814. Inclusion of additional cost estimate information in certain reports
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Section 2432(c)(1) of title 10, United States Code, is amended— by redesignating subparagraphs (B),
(C)and
(D)as subparagraphs (C), (D), and (F), respectively; by inserting after subparagraph
(A)the following new subparagraph (B): for each major defense acquisition program or designated major subprogram included in the report— the Baseline Estimate (as that term is defined in section 2433(a)(2) of this title), along with the associated risk curve and sensitivity of that estimate; the original Baseline Estimate (as that term is defined in section 2435(d)(1) of this title), along with the associated risk curve and sensitivity of that estimate; if the original Baseline Estimate was adjusted or revised pursuant to section 2435(d)(2) of this title, such adjusted or revised estimate, along with the associated risk curve and sensitivity of that estimate; and the primary risk parameters associated with the current procurement cost for the program (as that term is used in section 2432(e)(4) of this title); ; in subparagraph (D), as so redesignated, by striking and at the end; and by inserting after subparagraph (D), as so redesignated, the following new subparagraph (E): estimated contract termination costs; and . Section 2334(a) of title 10, United States Code, is amended— by striking and at the end of paragraph (6); by striking the period and inserting ; and at the end of paragraph (7); and by adding at the end the following new paragraph (8): annually review the cost estimates and associated information required to be included, by section 2432(c)(1)(B) of this title, in the Selected Acquisition Reports required by that section. . Section 2334(f)(1) of such title is amended— by striking report, an assessment of— and inserting report— ; in each of subparagraphs (A), (B), and (C), by inserting an assessment of before the first word of the text; in subparagraph (B), by striking and at the end; in subparagraph (C), by striking the period at the end and inserting ; and ; and by adding at the end the following new subparagraph: a summary of the cost estimate information reviewed under subsection (a)(8), an identification of any trends in that information, an aggregation of the cumulative risk of the portfolio of systems reviewed under that subsection, and recommendations for improving cost estimates on the basis of the review under that subsection. .