To require the Secretary of Defense to apply uniform earned value management standards to reliably and consistently measure contract performance, and to ensure that contractors establish and use approved earned value management systems.

1. Adds SEC. 207. EARNED VALUE MANAGEMENT on page 69, line 2

   Adds a sectionPrinted page

   Inserted: SEC. 207. EARNED VALUE MANAGEMENT.

   Inserted: (a) Enhanced Tracking of Contractor Performance.--Not later than 180 days after the date of the enactment of this Act, the Under Secretary of Defense for Acquisition, Technology, and Logistics shall review the existing guidance and, as necessary, prescribe additional guidance governing the implementation of the Earned Value Management (EVM) requirements and reporting for contracts to ensure that the Department of Defense--

   Inserted: (1) applies uniform EVM standards to reliably and consistently measure contract or project performance;

   Inserted: (2) applies such standards to establish appropriate baselines at the award of a contract or commencement of a program, whichever is earlier;

   Inserted: (3) ensures that personnel responsible for administering and overseeing EVM systems have the training and qualifications needed to perform this function; and

   Inserted: (4) has appropriate mechanisms in place to ensure that contractors establish and use approved EVM systems.

   Inserted: (b) Enforcement Mechanisms.--For the purposes of subsection (a)(4), mechanisms to ensure that contractors establish and use approved EVM systems shall include--

   Inserted: (1) consideration of the quality of the contractors' EVM systems and the timeliness of the contractors' EVM reporting in any past performance evaluation for a contract that includes an EVM requirement; and

   Inserted: (2) increased government oversight of the cost, schedule, scope, and performance of contractors that do not have approved EVM systems in place.

   Original wording

   On page 69, after line 2, add the following:

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As printed