Definition of Government Performance Results Act of 1993 (Public Law 103-62)

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TeachMeFinance.com - explain Government Performance Results Act of 1993 (Public Law 103-62)



Government Performance Results Act of 1993 (Public Law 103-62) -- The law that requires federal agencies to create a framework and develop the information that will lead to more effective planning, budgeting, program evaluation, and fiscal accountability for federal programs. The law's intent is to hold agencies accountable for achieving program results and to improve budget formulation and Congressional decisionmaking. In furtherance of those objectives, agencies must submit plans that clearly state performance goals and indicators for each program as well as reports that evaluate the program's actual performance.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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