,,ii #aah? ,,congress #a/ ,session ,s4 #bdbb ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,july #bj1 #bjbc ,mr4 ,te/] 7= himself & ,mr4 ,moran7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,vet]ans' ,affairs ,a ,,bill ,to am5d title #ch1 ,unit$ ,/ates ,code1 to e/abli% ! ,acquisition ,review ,bo>d ( ! ,dep>tm5t ( ,vet]ans ,affairs & to e/abli% ! ,director ( ,co/ ,assessm5t & ,program ,evaluation 9 ! ,dep>tm5t1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,acquisition ,re=m & ,co/ ,assessm5t ,act ( #bjbc or ,,arca ,act ( #bjbc4 #b4 ,dep>tm5t ( ,vet]ans ,affairs acquisition review1 co/ assessm5t1 & program evaluation 7a7 ,9 g5]al ,*apt] #ha ( title #ch1 ,unit$ ,/ates ,code1 is am5d$ by ins]t+ aft] sub*apt] ,,vi ! foll[+ new sub*apt]3 ,,vii ,acquisition review1 co/ assessm5t1 & program evaluation #haha4 ,def9itions ,9 ?is sub*apt]3 7#a7 ,! t]m major acquisition program means a program ( ! ,dep>tm5t to acquire prop]ty1 assets1 supplies1 s]vices1 or a comb9ation !re(1 ) an e/imat$ life-cycle co/ ( #bej1jjj1jjj or m1 z det]m9$ by ! ,secret>y4 7#b7 ,! t]m non-major acquisition program means a program ( ! ,dep>tm5t to acquire prop]ty1 assets1 supplies1 s]vices1 or a comb9ation !re(1 ) an e/imat$ life-cycle co/ ( less ?an #bej1jjj1jjj1 z det]m9$ by ! ,secret>y4 #hahb4 ,acquisition ,review ,bo>d 7a7 ,9 g5]al ,!re is e/abli%$ 9 ! ,dep>tm5t a bo>d1 to be kn[n z ! ,acquisition ,review ,bo>d1 to support ! ,secret>y 9 manag+ acquisition programs "u ! laws adm9i/]$ by ! ,secret>y4 7b7 ,composition 7#a7 ,! ,deputy ,secret>y ( ,vet]ans ,affairs %all s]ve z ,*air ( ! ,acquisition ,review ,bo>d4 7#b7 ,! ,deputy ,secret>y may designate an employee ( ! ,dep>tm5t to ov]see ! op]ations ( ! ,acquisition ,review ,bo>d4 7#c7 ,! ,deputy ,secret>y %all ensure p>ticipation by o!r relevant ,dep>tm5t (ficials ) responsibilities relat+ to acquisitions z p]man5t memb]s ( ! ,acquisition ,review ,bo>d1 includ+ ! foll[+3 7,a7 ,! ,*ief ,acquisition ,(fic]4 7,b7 ,! ,*ief ,f9ancial ,(fic]4 7,c7 ,! ,*ief ,vet]ans ,exp]i5ce ,(fic]4 7,d7 ,! ,*ief ,in=mation ,(fic]4 7,e7 ,! ,assi/ant ,secret>y = ,ent]prise ,integration4 7,f7 ,o!r relevant s5ior ,dep>tm5t (ficials1 z ! ,deputy ,secret>y det]m9es appropriate1 includ+ su* (ficials f ! ,vet]ans ,heal? ,adm9i/ration1 ! ,vet]ans ,b5efits ,adm9i/ration1 & ! ,national ,cemet]y ,adm9i/ration4 7c7 ,meet+s ,! ,acquisition ,review ,bo>d %all conv5e-- 7#a7 at ! discretion ( ! ,deputy ,secret>y2 & 7#b7 n lat] ?an #de days aft] any date on :i*-- 7,a7 a major acquisition program-- 7i7 is propos$ to ! ,secret>y2 7ii7 is approv$ by ! ,secret>y to comm5ce2 7iii7 concludes an acquisition phase2 7iv7 is n 9 compliance ) requirem5ts relat+ to co/1 s*$ule1 or p]=mance "u ! applicable program basel9e describ$ 9 section #hahc7;b77#a7 ( ?is title1 z det]m9$ by ! ,deputy ,secret>y2 or 7v7 requires additional review1 z det]m9$ by ! ,deputy ,secret>y2 & 7,b7 a non-major acquisition program requires review1 z det]m9$ by ! ,deputy ,secret>y4 7d7 ,responsibilities ,! ,acquisition ,review ,bo>d %all be responsible =-- 7#a7 ) respect to a major acquisition program propos$ to ! ,secret>y1 det]m9+ :e!r ! bus9ess /rategy1 budget1 managem5t1 & organization ( su* program is feasible & 9 accordance ) ! mission & /rategic goals ( ! ,dep>tm5t2 7#b7 ) respect to a major acquisition program approv$ by ! ,secret>y to comm5ce1 det]m9+ ! appropriate acquisition category = su* program2 7#c7 ) respect to a major acquisition program t has conclud$ an acquisition phase-- 7,a7 au?oriz+ ! manag] ( su* program appo9t$ pursuant to section #hahc7;a7 ( ?is title to advance su* program to a subsequ5t acquisition phase if ! relevant requirem5ts 9 su* applicable program basel9e h be5 satisfi$2 & 7,b7 advis+ su* manag] on appropriate corrective action if su* requirem5ts h n be5 satisfi$2 & 7#d7 review+1 on a cont9u\s basis1 ea* major acquisition program to ensure ea* su* program is 9 compliance )-- 7,a7 ! relevant requirem5ts 9 su* applicable program basel9e2 & 7,b7 ! c]tification requirem5t "u subsection 7c7 ( su* section4 7e7 ,acquisition decision memor&um ,n lat] ?an #cj days aft] any date on :i* ! ,deputy ,secret>y conv5es a meet+ pursuant to subsection 7c71 ! ,deputy ,secret>y %all submit to ! ,secret>y & ! ,committees on ,vet]ans' ,affairs ( ! ,s5ate & ! ,committee on ,vet]ans' ,affairs ( ! ,h\se ( ,repres5tatives an acquisition decision memor&um t includes-- 7#a7 a summ>y (-- 7,a7 ! purpose ( su* meet+2 7,b7 any matt] discuss$ dur+ su* meet+2 7,c7 any decision ( ! ,acquisition ,review ,bo>d made dur+ su* meet+1 includ+ any su* decision to all[ a major acquisition program to deviate f ! relevant requirem5ts 9 su* applicable program basel9e2 & 7,d7 any matt]s assign$ = fur!r discussion dur+ a subsequ5t meet+ ( ! ,acquisition ,review ,bo>d2 & 7#b7 a c]tification by ! ,deputy ,secret>y t ! cont5ts ( su* memor&um are accurate4 #hahc4 ,major acquisition program manag]s 7a7 ,appo9tm5ts ,n lat] ?an #cj days aft] any date on :i* ! ,secret>y approves a major acquisition program to comm5ce1 ! ,deputy ,secret>y %all appo9t a manag] to be responsible = adm9i/]+ su* program4 7b7 ,duties ,ea* manag] appo9t$ pursuant to subsection 7a7 %all be responsible =1 ) respect to ! applicable major acquisition program-- 7#a7 develop+1 9 coord9ation ) ! ,acquisition ,review ,bo>d1 a plan to adm9i/] su* program1 to be kn[n z ! program basel9e1 t includes-- 7,a7 a description ( ea* acquisition phase ( su* program2 7,b7 = ea* su* acquisition phase1 requirem5ts = advanc+ su* program to a subsequ5t acquisition phase2 & 7,c7 e/imates ( ! co/1 s*$ule1 & p]=mance ( su* program t acc\nt = ! entire life cycle ( su* program2 7#b7 ensur+ su* program is 9 compliance ) su* requirem5ts2 7#c7 secur+ fund+ necess>y to satisfy su* requirem5ts2 7#d7 adopt+ /&>diz$ processes ) e/abli%$ success to support ! progress ( su* program1 includ+-- 7,a7 mile/ones2 7,b7 exit crit]ia2 & 7,c7 specific accompli%m5ts2 7#e7 to ! ext5t practicable1 ensur+ t p]sonnel ( ! ,dep>tm5t responsible = e/imat+ ! budget & co/ ( su* program are provid$ ) an opportunity to raise conc]ns relat+ to su* budget & co/ prior to ! e/abli%m5t ( ! program basel9e "u p>agraph 7#a72 7#f7 on a cont9u\s basis1 assess+ & manag+ risks to satisfy+ ! requirem5ts ( su* program basel9e relat+ to co/ & s*$ule2 7#g7 e/abli%+ a work=ce = su* program t is qualifi$ & suffici5t to p]=m ! necess>y functions ( su* program2 & 7#h7 ensur+ su* program has adequate te*nology & production capacity prior to comm5c+ an acquisition phase ( su* program relat$ to manufactur+1 if applicable4 7c7 ,consid]ation ( alt]nate requirem5ts ,n lat] ?an #ij days aft] any date on :i* a manag] appo9t$ pursuant to subsection 7a7 e/abli%es a program basel9e describ$ 9 subsection 7b77#a71 su* manag] %all submit to ! ,*air ( ! ,acquisition ,review ,bo>d a c]tification t su* manag] consid]$ e/abli%+ alt]nate requirem5ts 9 su* program basel9e relat+ to ! co/1 s*$ule1 & p]=mance ( ea* acquisition phase ( su* program prior to e/abli%+ su* program basel9e4 7d7 ,acquisition ,review ,bo>d au?orization requir$ 7#a7 ,n lat] ?an #cj days aft] any date on :i* a major acquisition program concludes an acquisition phase1 ! manag] ( su* program appo9t$ pursuant to subsection 7a7 %all notify ! ,acquisition ,review ,bo>d "u section #hahb ( ?is title4 7#b7 ,su* manag] may n advance su* program to a subsequ5t acquisition phase )\t ! au?orization ( su* ,acquisition ,review ,bo>d pursuant to subsection 7d77#c7 ( su* section4 #hahd4 ,co/ assessm5t & program evaluation 7a7 ,director ( co/ assessm5t & program evaluation ,!re is e/abli%$ a ,director ( ,co/ ,assessm5t & ,program ,evaluation4 7b7 7#a7 ,indep5d5t advice to ,secret>y ( ,vet]ans ,affairs ,! ,director ( ,co/ ,assessm5t & ,program ,evaluation is ! pr9cipal advisor to ! ,secret>y & o!r s5ior (ficials ( ! ,dep>tm5t1 & %all provide indep5d5t analysis & advice to su* (ficials1 on ! foll[+ matt]s3 7,a7 ,matt]s assign$ to ! ,director pursuant to ?is section4 7,b7 ,matt]s assign$ to ! ,director by ! ,secret>y pursuant to ?is section & to section #cjc ( ?is title4 7#b7 ,! ,director may communicate views on matt]s )9 ! responsibility ( ! ,director directly to ! ,secret>y & ! ,deputy ,secret>y ( ,vet]ans ,affairs )\t obta9+ ! approval or concurr5ce ( any o!r (ficial )9 ! ,dep>tm5t4 7c7 ,deputy directors ,!re are two ,deputy ,directors )9 ! ,(fice ( ! ,director ( ,co/ ,assessm5t & ,program ,evaluation1 z foll[s3 7#a7 ,! ,deputy ,director = ,co/ ,assessm5t4 7#b7 ,! ,deputy ,director = ,program ,evaluation4 7d7 ,responsibilities ,! ,director ( ,co/ ,assessm5t & ,program ,evaluation %all s]ve z ! pr9cipal (ficial )9 ! s5ior managem5t ( ! ,dep>tm5t = ! foll[+3 7#a7 ,co/ e/imation & co/ analysis = acquisition programs ( ! ,dep>tm5t4 7#b7 ,analysis & advice on matt]s relat+ to ! plann+ & programm+ phases ( ! ,plann+1 ,programm+1 ,budget+1 & ,execution sy/em1 & ! prep>ation ( mat]ials & guidance = su* sy/em1 z direct$ by ! ,secret>y1 work+ 9 coord9ation ) ! ,assi/ant ,secret>y = ,managem5t & ! ,*ief ,f9ancial ,(fic] ( ! ,dep>tm5t4 7#c7 ,analysis & advice = res\rce discussions relat+ to requirem5ts "u consid]ation 9 ! ,vet]ans ,heal? ,adm9i/ration1 ! ,vet]ans ,b5efits ,adm9i/ration1 or ! ,national ,cemet]y ,adm9i/ration4 7#d7 ,=mulation ( /udy guidance = analyses ( alt]natives = major acquisition programs & p]=mance ( su* analyses1 z direct$ by ! ,secret>y4 7#e7 ,review1 analysis1 & evaluation ( programs = execut+ approv$ /rategies & policies1 ensur+ t in=mation on programs is pres5t$ accurately & completely1 & assess+ ! effect ( sp5d+ by ! ,dep>tm5t on ! ,unit$ ,/ates economy4 7#f7 ,assessm5ts ( alt]native plans1 programs1 & policies ) respect to ! acquisition programs ( ! ,dep>tm5t4 7#g7 ,lead+ ! developm5t ( improv$ analytical skills & compet5cies )9 ! co/ assessm5t & program evaluation work=ce ( ! ,dep>tm5t & improv$ tools1 data1 & me?ods to promote p]=mance1 economy1 & effici5cy 9 analyz+ ,dep>tm5t plann+ & ! allocation ( ,dep>tm5t res\rces4 7e7 ,indep5d5t co/ e/imation & co/ analysis ,! ,director ( ,co/ ,assessm5t & ,program ,evaluation %all ensure t ! co/ e/imation & co/ analysis processes ( ! ,dep>tm5t provide accurate in=mation & reali/ic e/imates ( co/ = ! acquisition programs ( ! ,dep>tm5t4 ,9 c>ry+ out t responsibility1 ! ,director %all-- 7#a7 prescribe1 by au?ority ( ! ,secret>y1 policies & proc$ures = ! conduct ( co/ e/imation & co/ analysis = ! acquisition programs ( ! ,dep>tm5t2 7#b7 provide guidance to & consult ) ! ,secret>y1 ! ,*ief ,acquisition ,(fic]1 ! ,assi/ant ,secret>y = ,managem5t1 ! ,*ief ,f9ancial ,(fic] ( ! ,dep>tm5t1 ! ,"u ,secret>y = ,heal?1 ! ,"u ,secret>y = ,b5efits1 & ! ,"u ,secret>y = ,memorial ,affairs ) respect to co/ e/imation 9 ! ,dep>tm5t 9 g5]al & ) respect to specific co/ e/imates & co/ analyses to be conduct$ 9 connection ) a major acquisition program2 7#c7 issue guidance relat+ to ! prop] selection ( confid5ce levels 9 co/ e/imates g5]ally1 & specifically1 = ! prop] selection ( confid5ce levels 9 co/ e/imates = major acquisition programs & major automat$ in=mation sy/em programs2 7#d7 issue guidance relat+ to full consid]ation ( life-cycle managem5t & su/a9ability co/s 9 major acquisition programs & major automat$ in=mation sy/em programs2 7#e7 review all co/ e/imates & co/ analyses conduct$ 9 connection ) major acquisition programs & major automat$ in=mation sy/em programs2 7#f7 conduct indep5d5t co/ e/imates & co/ analyses = major acquisition programs & major automat$ in=mation sy/em programs = :i* ! ,*ief ,acquisition ,(fic] is ! ,mile/one ,decision ,au?ority-- 7,a7 9 advance (-- 7i7 any c]tification "u ?is title2 & 7ii7 any decision to ent] into l[-rate initial production or full-rate production2 & 7,b7 at any o!r "t consid]$ appropriate by ! ,director or ^u ! reque/ ( ! ,*ief ,acquisition ,(fic]2 & 7#g7 p]iodically assess & update ! co/ indexes us$ by ! ,dep>tm5t to ensure t su* indexes h a s\nd basis & meet ! ,dep>tm5t's ne$s = reali/ic co/ e/imation4 7f7 ,review ( co/ e/imates1 co/ analyses1 & records ( ! ,dep>tm5t ,! ,secret>y %all ensure t ! ,director-- 7#a7 promptly receives ! results ( all co/ e/imates & co/ analyses conduct$ by ! ,vet]ans ,b5efits ,adm9i/ration1 ! ,vet]ans ,heal? ,adm9i/ration1 or ! ,national ,cemet]y ,adm9i/ration & all /udies conduct$ by ! ,adm9i/ration 9 connection ) su* co/ e/imates & co/ analyses = major acquisition programs & major automat$ in=mation sy/em programs ( ! ,adm9i/rations2 & 7#b7 has timely access to any records & data 9 ! ,dep>tm5t 7includ+ ! records & data ( ea* ,adm9i/ration7 t ! ,director consid]s necess>y to review 9 ord] to c>ry out any duties "u ?is section4 7g7 ,p>ticipation1 concurr5ce1 & approval 9 co/ e/imation ,! ,director may-- 7#a7 p>ticipate 9 ! discussion ( any discrepancies betwe5 an indep5d5t co/ e/imate & ! co/ e/imate assessm5ts ( ! ,vet]ans ,b5efits ,adm9i/ration1 ! ,vet]ans ,heal? ,adm9i/ration1 & ! ,national ,cemet]y ,adm9i/ration = a major acquisition program or major automat$ in=mation sy/em program ( ! ,dep>tm5t2 7#b7 comm5t on defici5cies 9 ! me?odology or execution ( any co/ e/imate or co/ analysis develop$ by ! ,vet]ans ,b5efits ,adm9i/ration1 ! ,vet]ans ,heal? ,adm9i/ration1 or ! ,national ,cemet]y ,adm9i/ration = a major acquisition program or major automat$ in=mation sy/em program2 7#c7 concur 9 ! *oice ( a co/ e/imate )9 ! basel9e description or any o!r co/ e/imate 7includ+ ! confid5ce level = any su* co/ e/imate7 = use at any ev5t specifi$ 9 subsection 7e77#f72 & 7#d7 p>ticipate 9 ! consid]ation ( any decision to reque/ au?orization ( a multi-ye> procurem5t contract = a major acquisition program4 7h7 ,annual report on co/ assessm5t activities 7#a7 ,ea* ye>1 n lat] ?an #aj days aft] ! transmittal to ,congress ( ! budget ( ! ,presid5t = a fiscal ye> pursuant to section #aaje ( title #ca1 ! ,director %all submit to ! ,secret>y1 ! ,*ief ,acquisition ,(fic] ( ! ,dep>tm5t1 ! ,assi/ant ,secret>y = ,managem5t1 ! ,*ief ,f9ancial ,(fic] ( ! ,dep>tm5t1 ! ,committee on ,vet]ans' ,affairs ( ! ,s5ate & ! ,committee on ,vet]ans' ,affairs ( ! ,h\se ( ,repres5tatives an annual report on ! co/ e/imation & co/ analysis activities ( ! ,dep>tm5t c>ri$ out dur+ ! previ\s ye>4 7#b7 ,ea* report submitt$ pursuant to p>agraph 7#a7 %all include1 = ! p]iod cov]$ by ! report1 ! foll[+3 7,a7 ,a summ>y ( ! co/ e/imation & co/ analysis activities ( ! ,dep>tm5t4 7,b7 ,assessm5ts ( ! foll[+3 7i7 ,! progress ( ! ,dep>tm5t 9 improv+ ! accuracy ( its co/ e/imates & analyses4 7ii7 ,! ext5t to :i* ea* ( ! ,vet]ans ,b5efits ,adm9i/ration1 ! ,vet]ans ,heal? ,adm9i/ration1 & ! ,national ,cemet]y ,adm9i/ration h compli$ ) policies1 proc$ures1 & guidance issu$ by ! ,director ) reg>d to ! prep>ation ( co/ e/imates = major acquisition programs & major automat$ in=mation sy/ems4 7iii7 ,! ov]all quality ( co/ e/imates prep>$ by ea* ( ! ,adm9i/rations = major acquisition programs & major automat$ in=mation sy/em programs4 7iv7 ,any consi/5t diff]5ces 9 me?odology or approa* among ! co/ e/imates prep>$ by ! ,adm9i/rations & ! ,director4 7#c7 7,a7 ,! ,director %all ensure t a report submitt$ to p>agraph 7#a7 does n include any in=mation1 su* z propriet>y or s\rce selection s5sitive in=mation1 t c\ld und]m9e ! integrity ( ! acquisition process4 7,b7 ,! report submitt$ pursuant to p>agraph 7#a7 to ! committees describ$ 9 su* p>agraph %all be po/$ on an int]net website ( ! ,dep>tm5t t is available to ! public4 7#d7 ,! ,secret>y may comm5t on any report ( ! ,director submitt$ to ! committees describ$ 9 p>agraph 7#a7 pursuant to su* p>agraph4 7i7 ,/aff ,! ,secret>y %all ensure t ! ,director has suffici5t pr(essional /aff to enable ! ,director to c>ry out ! duties & responsibilities ( ! ,director "u ?is section4 4 7b7 ,cl]ical am5dm5t ,! table ( sections at ! beg9n+ ( su* *apt] is am5d$ by add+ at ! end ! foll[+3 ,,sub*apt] ,,vii--,acquisition review1 co/ assessm5t1 & program evaluation ,sec4 #haha4 ,def9itions4 ,sec4 #hahb4 ,acquisition ,review ,bo>d4 ,sec4 #hahc4 ,major acquisition program manag]s4 ,sec4 #hahd4 ,co/ assessm5t & program evaluation4 4 7c7 ,report on monitor+ ( op]at+ & support co/s = major acquisition programs 7#a7 ,report to ,secret>y ( ,vet]ans ,affairs ,n lat] ?an "o ye> aft] ! date ( ! enactm5t ( ?is ,act1 ! ,director ( ,co/ ,assessm5t & ,program ,evaluation e/abli%$ pursuant to section #hahd ( title #ch1 ,unit$ ,/ates ,code1 z add$ by subsection 7a71 %all-- 7,a7 review sy/ems & me?ods ( ! ,dep>tm5t ( ,vet]ans ,affairs curr5tly 9 effect = track+ & assess+ op]at+ & support co/s on major acquisition programs 7z def9$ 9 section #haha ( su* title1 z add$ by subsection 7a772 & 7,b7 submit to ! ,secret>y ( ,vet]ans ,affairs a report on su* f9d+s & recomm5dations z ! ,director may h z a result ( ! review conduct$ pursuant to subp>agraph 7,a71 includ+ an assessm5t by ! ,director ( ! feasibility & advisability ( e/abli%+ basel9es = op]at+ & support co/s "u su* title4 7#b7 ,transmittal to ,congress ,n lat] ?an #cj days aft] receiv+ ! report requir$ by p>agraph 7#a77;,a71 ! ,secret>y %all submit to ! ,committee on ,vet]ans' ,affairs ( ! ,s5ate & ! ,committee on ,vet]ans' ,affairs ( ! ,h\se ( ,repres5tatives ! report receiv$ by ! ,secret>y "u p>agraph 7#a77;,b71 toge!r ) su* comm5ts on ! report z ! ,secret>y consid]s appropriate4 #c4 ,comptroll] ,g5]al ( ! ,unit$ ,/ates reports on co/s & f9ancial in=mation reg>d+ major ,dep>tm5t ( ,vet]ans ,affairs acquisition programs 7a7 ,review ( op]at+ & support co/s ( major acquisition sy/ems 7#a7 ,9 g5]al ,n lat] ?an "o ye> aft] ! date ( ! enactm5t ( ?is ,act1 ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all submit to ! ,committee on ,vet]ans' ,affairs ( ! ,s5ate & ! ,committee on ,vet]ans' ,affairs ( ! ,h\se ( ,repres5tatives a report on gr[? 9 op]at+ & support co/s = major acquisition sy/ems4 7#b7 ,elem5ts ,9 prep>+ ! report requir$ by p>agraph 7#a71 ! ,comptroll] ,g5]al %all1 at a m9imum-- 7,a7 id5tify ! orig9al e/imates = op]at+ & support co/s = major acquisition sy/ems select$ by ! ,comptroll] ,g5]al = purposes ( ! report2 7,b7 assess ! actual op]at+ & support co/s = su* major acquisition sy/ems2 7,c7 analyze ! rate ( gr[? = op]at+ & support co/s = su* major acquisition sy/ems2 7,d7 = su* major acquisition sy/ems t h exp]i5c$ ! highe/ rate ( gr[? 9 op]at+ & support co/s1 assess ! factors contribut+ to su* gr[?2 7,e7 assess measures tak5 by ! ,dep>tm5t ( ,vet]ans ,affairs to r$uce op]at+ & support co/s = major acquisition sy/ems2 & 7,f7 develop su* recomm5dations z ! ,comptroll] ,g5]al consid]s appropriate4 7b7 ,review ( f9ancial in=mation relat+ to major vet]an acquisition programs 7#a7 ,review ,! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all p]=m a review ( weaknesses 9 op]ations affect+ ! reliability ( f9ancial in=mation on ! sy/ems & assets to be acquir$ "u major acquisition programs4 7#b7 ,elem5ts ,! review requir$ "u p>agraph 7#a7 %all-- 7,a7 id5tify any weaknesses 9 op]ations "u major acquisition programs t h9d] ! capacity to assemble reliable f9ancial in=mation on ! sy/ems & assets to be acquir$ "u su* programs 9 accordance ) applicable acc\nt+ /&>ds2 7,b7 id5tify any me*anisms develop$ by ! ,dep>tm5t ( ,vet]ans ,affairs to address weaknesses 9 op]ations "u major acquisition programs id5tifi$ pursuant to subp>agraph 7,a72 & 7,c7 assess ! implem5tation ( ! me*anisms set =? pursuant to subp>agraph 7,b71 includ+-- 7i7 ! actions tak51 or plann$ to be tak51 to implem5t su* me*anisms2 7ii7 ! s*$ule = c>ry+ out su* me*anisms2 & 7iii7 ! metrics1 if any1 in/itut$ to assess progress 9 c>ry+ out su* me*anisms4 7#c7 ,consultation ,9 p]=m+ ! review requir$ by p>agraph 7#a71 ! ,comptroll] ,g5]al %all seek & consid] input f ! ,assi/ant ,secret>y ( ,vet]ans ,affairs = ,managem5t4 7#d7 ,report ,n lat] ?an "o ye> aft] ! date ( ! enactm5t ( ?is ,act1 ! ,comptroll] ,g5]al %all submit to ! ,committee on ,vet]ans' ,affairs ( ! ,s5ate & ! ,committee on ,vet]ans' ,affairs ( ! ,h\se ( ,repres5tatives a report on ! f9d+s ( ! ,comptroll] ,g5]al ) respect to ! review p]=m$ pursuant to p>agraph 7#a74 7c7 ,def9ition ( major acquisition program ,9 ?is section1 ! t]m major acquisition program has ! mean+ giv5 su* t]m 9 section #haha ( title #ch1 ,unit$ ,/ates ,code1 z add$ by section #b7;a74