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Code · STATUTE-COMPILATIONS · National Aeronautics and Space Administration Transition Authorization Act of 2017 · Sec. 836

Sec. 836. COST ESTIMATION

135 words·~1 min read·/statute-compilations/comps-12680/sec-836

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## SEC. 836 COST ESTIMATION **[**[51 U.S.C. 30307 note](/us/usc/t51/s30307)**]** ###
(a)Sense of Congress It is the sense of Congress that— ####
(1)realistic cost estimating is critically important to the ultimate success of major space development projects; and ####
(2)the Administration has devoted significant efforts over the past 5 years to improving its cost estimating capabilities, but it is important that the Administration continue its efforts to develop and implement guidance in establishing realistic cost estimates. ###
(b)Guidance and Criteria The Administrator shall provide to its acquisition programs and projects, in a manner consistent with the Administration’s Space Flight Program and Project Management Requirements— ####
(1)guidance on when to use an Independent Cost Estimate and Independent Cost Assessment; and ####
(2)criteria to use to make a determination under paragraph (1).
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Sec. 836
COST ESTIMATION
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