PILLARS
SettingsProfile
Presidential Actions

Delegation of Functions and Authorities Under Section 9902(a)(3)(B) of the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021

SignedJuly 19, 2024
Memorandum·Joe Biden·Defense
Why This Matters

This memorandum delegates the authority to the Director of the Office of Management and Budget to handle certification and reporting for federal investments in projects over $3 billion.

This delegation streamlines the oversight process for large federal investments, potentially improving efficiency in project management.
Federal agencies and contractors involved in large-scale projects are most affected by this change in oversight authority.
Summary

1. Delegates authority to the Director of the Office of Management and Budget. 2. Applies to federal investments in individual projects exceeding $3 billion. 3. Requires publication in the Federal Register.

Who is affected?

Federal agencies and contractors involved in large-scale projects are most affected by this change in oversight authority.

Read on Federal Registerfederalregister.gov
Read Full Text
Memorandum of July 19, 2024

Delegation of Functions and Authorities Under Section 9902(a)(3)(B) of the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021

Memorandum for the Director of the Office of Management and Budget

By the authority vested in me as President by the Constitution and the laws of the United States of America, including section 301 of title 3, United States Code, I hereby delegate to the Director of the Office of Management and Budget the functions and authorities vested in the President by section 9902(a)(3)(B) of the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021 (Public Law 116-283) with respect to the certification and reporting requirements regarding Federal investments in individual projects exceeding $3 billion.

You are authorized and directed to publish this memorandum in the Federal Register.

[FR Doc. 2024-16401

Filed 7-23-24; 8:45 am]

Billing code 3110-01-P

Delegation of Functions and Authorities Under Section 9902(a)(3)(B) of the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021 - PILLARS