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transferred, or deposited and to remain available for 
successive fiscal years. 
‘‘(2) Ways to reward the Department acquisi-
tion workforce and program managers for good pro-
gram management in controlling cost growth, lim-
iting schedule delays, and ensuring operational effec-
tiveness through providing a percentage of the sav-
ings or general acquisition bonuses. 
‘‘(3) Guidance for the administration of the 
Fund that includes provisions to do the following: 
‘‘(A) Describe the costs and benefits asso-
ciated with the use of direct appropriations or 
credit, transfer, or deposit of unobligated or un-
used funds to finance the Fund. 
‘‘(B) Describe the manner and timing for 
applications for amounts in the Fund to be sub-
mitted. 
‘‘(C) Explain the evaluation criteria to be 
used for approving or prioritizing applications 
for amounts in the Fund in any fiscal year. 
‘‘(D) Explain the mechanism to report to 
Congress on the implementation of the Fund on 
an ongoing basis. 
‘‘(E) 
Detail 
measurable 
performance 
metrics to determine if the Fund is meeting the 
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objective to improve the acquisition workforce 
and to achieve cost savings in acquisition man-
agement.’’. 
(2) CLERICAL AMENDMENT.—The table of con-
tents in section 1(b) of the Homeland Security Act 
of 2002 (6 U.S.C. 101 et seq.) is further amended 
by adding after the item relating to section 838 the 
following new item: 
‘‘Sec. 839. Multiyear acquisition strategy.’’. 
(b) CONFORMING AMENDMENT TO FUTURE YEARS 
HOMELAND SECURITY PROGRAM.—Section 874(b) of the 
Homeland Security Act of 2002 (6 U.S.C. 454(b)) is 
amended— 
(1) by striking ‘‘and’’ at the end of paragraph 
(2); 
(2) by striking the period at the end of para-
graph (3) and inserting ‘‘; and’’; and 
(3) by adding at the end the following new 
paragraph: 
‘‘(4) include the multiyear acquisition strategy 
required under section 839 of this Act.’’. 
SEC. 233. ACQUISITION REPORTS. 
(a) IN GENERAL.—Subtitle D of title VIII of the 
Homeland Security Act of 2002 (6 U.S.C. 391 et seq.) 
is further amended by adding at the end the following new 
section: 
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‘‘SEC. 840. ACQUISITION REPORTS. 
‘‘(a) COMPREHENSIVE ACQUISITION STATUS RE-
PORT.— 
‘‘(1) IN GENERAL.—The Under Secretary for 
Management each year shall submit to the congres-
sional homeland security committees, at the same 
time as the President’s budget is submitted for a fis-
cal year under section 1105(a) of title 31, United 
States Code, a comprehensive acquisition status re-
port. The report shall include the following: 
‘‘(A) The information required under the 
heading ‘Office of the Under Secretary for 
Management’ under title I of division D of the 
Consolidated Appropriations Act, 2012 (Public 
Law 112–74) (as required under the Depart-
ment of Homeland Security Appropriations Act, 
2013 (Public Law 113–6)). 
‘‘(B) A listing of programs that have been 
cancelled, modified, paused, or referred to the 
Under Secretary for Management or Deputy 
Secretary for additional oversight or action by 
the Board, Department Office of Inspector 
General, or the Comptroller General. 
‘‘(C) A listing of established Executive 
Steering Committees, which provide governance 
of a program or related set of programs and 
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lower-tiered oversight, and support between ac-
quisition decision events and component re-
views, including the mission and membership 
for each. 
‘‘(2) INFORMATION
FOR
MAJOR
ACQUISITION 
PROGRAMS.—For each major acquisition program, 
the report shall include the following: 
‘‘(A) A narrative description, including 
current gaps and shortfalls, the capabilities to 
be fielded, and the number of planned incre-
ments or units. 
‘‘(B) Acquisition Review Board (or other 
board designated to review the acquisition) sta-
tus of each acquisition, including the current 
acquisition phase, the date of the last review, 
and a listing of the required documents that 
have been reviewed with the dates reviewed or 
approved. 
‘‘(C) The most current, approved acquisi-
tion program baseline (including project sched-
ules and events). 
‘‘(D) A comparison of the original acquisi-
tion program baseline, the current acquisition 
program baseline, and the current estimate. 
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‘‘(E) Whether or not an independent 
verification and validation has been imple-
mented, with an explanation for the decision 
and a summary of any findings. 
‘‘(F) A rating of cost risk, schedule risk, 
and technical risk associated with the program 
(including narrative descriptions and mitigation 
actions). 
‘‘(G) Contract status (including earned 
value management data as applicable). 
‘‘(H) A lifecycle cost of the acquisition, 
and time basis for the estimate. 
‘‘(3) UPDATES.—The Under Secretary shall 
submit quarterly updates to such report not later 
than 45 days after the completion of each quarter. 
‘‘(b) QUARTERLY PROGRAM ACCOUNTABILITY RE-
PORT.—The Under Secretary for Management shall pre-
pare a quarterly program accountability report to meet the 
Department’s mandate to perform program health assess-
ments and improve program execution and governance. 
The report shall be submitted to the congressional home-
land security committees.’’. 
(b) CLERICAL AMENDMENT.—The table of contents 
in section 1(b) of the Homeland Security Act of 2002 (6 
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