42 U.S.C. § 18861
Verified against govinfo.gov as of June 20, 2026View official text on govinfo.gov ↗
- (a)In this section:
- (b)The Secretary, in coordination with the heads of relevant program offices of the Department, including the Office of Technology Transitions, the Loan Program Office, and all applied program offices, shall establish a program to conduct project management and oversight of covered projects, including by—
- (1)conducting evaluations of proposals for covered projects before the selection of a covered project for funding;
- (2)conducting independent oversight of the execution of a covered project after funding has been awarded for that covered project; and
- (3)ensuring a balanced portfolio of investments in covered projects.
- (c)The Secretary shall appoint a head of the program who shall, in coordination with the heads of relevant program offices of the Department—
- (1)evaluate proposals for covered projects, including scope, technical specifications, maturity of design, funding profile, estimated costs, proposed schedule, proposed technical and financial milestones, and potential for commercial success based on economic and policy projections;
- (2)develop independent cost estimates for a proposal for a covered project, if appropriate;
- (3)recommend to the head of a program office of the Department, as appropriate, whether to fund a proposal for a covered project;
- (4)oversee the execution of covered projects that receive funding from the Secretary, including reconciling estimated costs as compared to actual costs;
- (5)conduct reviews of ongoing covered projects, including—
- (6)assess the lessons learned in overseeing covered projects and implement improvements in the process of evaluating and overseeing covered projects.
- (d)To carry out the program, the Secretary may hire appropriate personnel, including by using the authorities in section 19321 of this title, to perform the duties of the program.
- (e)The Secretary may solicit, select, and manage covered projects directly through the program.
- (f)Should an ongoing covered project receive an unfavorable review under subsection (c)(5), the Secretary or their designee may cease funding the covered project and reallocate the remaining funds to new or existing covered projects carried out by that program office.
- (g)In carrying out the program, the head of the program shall coordinate with—
- (h)
- (1)In accordance with section 16391a of this title, the Secretary shall include in each updated technology transfer execution plan submitted under subsection (h)(2) of section 16391 of this title information on the implementation of and progress made under the program, including, for the year covered by the report—
- (2)Not later than 3 years after November 15, 2021, the Comptroller General of the United States shall submit to the Committee on Energy and Natural Resources of the Senate and the Committee on Science, Space, and Technology of the House of Representatives a report evaluating the operation of the program, including—
- (i)