§ 18442. Reports on program and cost assessment and control assessment(a) FindingsCongress makes the following findings:(1) The adherence of NASA to program cost and schedule targets and discipline across NASA programs remains a concern. (2) The James Webb Space Telescope has exceeded its cost estimate. (3) In 2007 the Government Accountability Office issued a report on NASA’s high risk acquisition performance. (4) In response, NASA prepared a corrective action plan two years ago. (b) Reports(1) Reports required

Not later than 90 days after October 11, 2010, and not later than April 30 of each year thereafter, the Administrator shall submit to the appropriate committees of Congress a report on the implementation during the preceding year for the corrective action plan referred to in subsection (a)(4).

 (2) ElementsEach report under this subsection shall set forth, for the year covered by such report, the following:(A) A description of each NASA program that has exceeded its cost baseline by 15 percent or more or is more than 2 years behind its projected development schedule. (B) For each program specified under subparagraph (A), a plan for such decrease in scope or requirements, or other measures, to be undertaken to control cost and schedule, including any cost monitoring or corrective actions undertaken pursuant to the National Aeronautics and Space Administration Authorization Act of 2005 (Public Law 109–155),11 See References in Text note below. and the amendments made by that Act. (Pub. L. 111–267, title XII, § 1203, Oct. 11, 2010, 124 Stat. 2841.) References in Text

The National Aeronautics and Space Administration Authorization Act of 2005, referred to in subsec. (b)(2)(B), is Pub. L. 109–155, Dec. 30, 2005, 119 Stat. 2895, which was classified principally to chapter 150 (§ 16601 et seq.) of this title and was substantially repealed and restated in chapters 305 (§ 30501 et seq.), 401 (§ 40101 et seq.), 603 (§ 60301 et seq.) and 707 (§ 70701 et seq.) and sections 20301, 20302, 30103(a), (b), 30104, 30306, 30703, 30704, 30902, 31301, 31501, 40701, 40904 to 40909, 50505, 50116, 60505, 70501 to 70503, and 70902 to 70905 of Title 51, National and Commercial Space Programs, by Pub. L. 111–314, §§ 3, 6, Dec. 18, 2010, 124 Stat. 3328, 3444. For complete classification of this Act to the Code, see Short Title of 2005 Act note set out under section 10101 of Title 51 and Tables.