Sec. 812. INCLUSION OF ADDITIONAL COST ESTIMATE INFORMATION IN CERTAIN REPORTS
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## SEC. 812 INCLUSION OF ADDITIONAL COST ESTIMATE INFORMATION IN CERTAIN REPORTS ###
(a)Additional Information Required To Be Included in Selected Acquisition Reports Section 2432(c)(1) of title 10, United States Code, is amended— ####
(1)by redesignating subparagraphs (B), (C), and
(D)as subparagraphs (E), (F), and (G), respectively; ####
(2)by inserting after subparagraph
(A)the following new subparagraphs (B), (C), and (D): > > ##### “(B) > > for each major defense acquisition program or designated major subprogram included in the report— > > > ###### “(i) > > the Baseline Estimate (as that term is defined in section 2433(a)(2) of this title), along with the associated risk and sensitivity analysis of that estimate; > > > ###### “(ii) > > the original Baseline Estimate (as that term is defined in section 2435(d)(1) of this title), along with the associated risk and sensitivity analysis of that estimate; > > > ###### “(iii) > > 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 and sensitivity analysis of that estimate; and > > > ###### “(iv) > > 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); > > > ##### “(C) > > a summary of the history of significant developments from the date each major defense acquisition program or designated major subprogram included in the report was first included in a Selected Acquisition Report and program highlights since the last Selected Acquisition Report; > > > ##### “(D) > > the significant schedule and technical risks for each such program or subprogram, identified at each major milestone and as of the quarter for which the current report is submitted;” > ; ####
(3)in subparagraph (E), as so redesignated— #####
(A)by striking “major defense acquisition program or designated major subprogram” and inserting “such program or subprogram”; #####
(B)by inserting “program acquisition cost and” after “current”the first place it appears; #####
(C)by striking “that cost” and inserting “those costs”; and #####
(D)by striking “date the program or subprogram was first included in a Selected Acquisition Report” and inserting “December 2001 reporting period”; and ####
(4)in subparagraph (F), as so redesignated— #####
(A)by striking “major defense acquisition program or designated major subprogram” and inserting “such program or subprogram”; and #####
(B)by striking “date the program or subprogram was first included in a Selected Acquisition Report” and inserting “December 2001 reporting period”. ###
(b)Phase-In of Additional Information Requirements **[**[10 U.S.C. 2432 note](/us/usc/t10/s2432)**]** Section 2432(c)(1) of title 10, United States Code, as amended by subsection (a), shall apply to Selected Acquisition Reports after the date of the enactment of this Act as follows: ####
(1)For the December 2014 reporting period, to Selected Acquisition Reports for five major defense acquisition programs or designated major subprograms, as determined by the Secretary. ####
(2)For the December 2019 reporting period and each reporting period thereafter, to Selected Acquisition Reports for all major defense acquisition programs or designated major subprograms. ###
(c)Additional Duties of Director of Cost Assessment and Program Evaluation With Respect to Selected Acquisition Reports ####
(1)Review required Section 2334(a) of title 10, United States Code, is amended— #####
(A)by striking “and” at the end of paragraph (6); #####
(B)by striking the period and inserting “; and” at the end of paragraph (7); and #####
(C)by adding at the end the following new paragraph (8): > > #### “(8) > > annually review the cost and associated information required to be included, by section 2432(c)(1) of this title, in the Selected Acquisition Reports required by that section.” > . ####
(2)Additional information required in annual report Section 2334(f)(1) of such title is amended— #####
(A)by striking “report, an assessment of—” and inserting “report—”; #####
(B)in each of subparagraphs (A), (B), and (C), by inserting “an assessment of” before the first word of the text; #####
(C)in subparagraph (B), by striking “and” at the end; #####
(D)in subparagraph (C), by striking the period at the end and inserting “; and”; and #####
(E)by adding at the end the following new subparagraph: > > ##### “(D) > > a summary of the cost and associated 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.” > .
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Sec. 812
INCLUSION OF ADDITIONAL COST ESTIMATE INFORMATION IN CERTAIN REPORTS
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