§2459g. Requirement for independent cost analysis

(a) Requirement

Before any funds may be obligated for Phase B of a project that is projected to cost more than $150,000,000 in total project costs, the Chief Financial Officer for the National Aeronautics and Space Administration shall conduct an independent life-cycle cost analysis of such project and shall report the results to Congress. In developing cost accounting and reporting standards for carrying out this section, the Chief Financial Officer shall, to the extent practicable and consistent with other laws, solicit the advice of expertise outside of the National Aeronautics and Space Administration.

(b) Definition

For purposes of this section, the term "Phase B" means the latter stages of project formulation, during which the final definition of a project is carried out and before project implementation (which includes the Design, Development, and Operations Phases) begins.

( Pub. L. 106–391, title III, §301, Oct. 30, 2000, 114 Stat. 1591 .)

Codification

Section was enacted as part of the National Aeronautics and Space Administration Authorization Act of 2000, and not as part of the National Aeronautics and Space Act of 1958 which is classified principally to this chapter.