Title 40 — Public Buildings, Property, and WorksRelease 119-73

§11316 Accountability

Title 40 › Subtitle SUBTITLE III— - INFORMATION TECHNOLOGY MANAGEMENT › Chapter CHAPTER 113— - RESPONSIBILITY FOR ACQUISITIONS OF INFORMATION TECHNOLOGY › Subchapter SUBCHAPTER II— - EXECUTIVE AGENCIES › § 11316

Last updated Apr 6, 2026|Official source

Summary

Agency heads must, with the Chief Information Officer and Chief Financial Officer (or a similar official), set policies so accounting, asset, and other information systems produce financial and program data for financial statements and send it reliably and on time to financial systems. Financial statements must be used to review agency processes and measure IT investments.

Full Legal Text

Title 40, §11316

Public Buildings, Property, and Works — Source: USLM XML via OLRC

The head of each executive agency, in consultation with the Chief Information Officer and the Chief Financial Officer of that executive agency (or, in the case of an executive agency without a chief financial officer, any comparable official), shall establish policies and procedures to ensure that—

(1)the accounting, financial, asset management, and other information systems of the executive agency are designed, developed, maintained, and used effectively to provide financial or program performance data for financial statements of the executive agency;

(2)financial and related program performance data are provided on a reliable, consistent, and timely basis to executive agency financial management systems; and

(3)financial statements support—

(A)assessments and revisions of mission-related processes and administrative processes of the executive agency; and

(B)measurement of the performance of investments made by the agency in information systems.

Legislative History

Notes & Related Subsidiaries

Historical and Revision Notes

Revised SectionSource (U.S. Code)Source (Statutes at Large) 1131640:1426.Pub. L. 104–106, div. E, title LI, § 5126, Feb. 10, 1996, 110 Stat. 686.

Reference

Citations & Metadata

Citation

40 U.S.C. § 11316

Title 40 — Public Buildings, Property, and Works

Last Updated

Apr 6, 2026

Release point: 119-73