On January 4, 2011, the GPRA Modernization Act of 2010 was signed into law. The Act modernizes the federal government’s performance management framework, retaining and amplifying some aspects of GPRA while also addressing some of its weaknesses. The GPRA Modernization Act serves as a foundation for helping agencies to focus on their highest priorities and creating a culture where data and empirical evidence plays a greater role in policy, budget, and management decisions. The purposes of the GPRA Modernization Act are to:
- Modernize and refine the requirements established by GPRA in order to produce more frequent, relevant data which can then inform decision-makers and agency operations;
- Codify and strengthen existing resources for performance management, including the Chief Operating Officer (COO), Performance Improvement Officers (PIOs) within the federal agencies and the interagency Performance Improvement Council (PIC);
- Apply the latest technologies and lessons learned from nearly two decades of GPRA implementation;
- Lead to more effective management of government agencies at a reduced cost.
The Performance Management Framework encompasses the Commission's performance management and measurement system and is illustrated by the following:
Strategic Plan
FERC submits FY 2018–FY 2022 Strategic Plan
FERC's Mission: Economically Efficient, Safe, Reliable, and Secure Energy for Consumers
Assist consumers in obtaining economically efficient, safe, reliable, and secure energy services at a reasonable cost through appropriate regulatory and market means, and collaborative efforts.
Fulfilling this mission involves pursuing three primary goals:
- Ensure Just and Reasonable Rates, Terms, and Conditions
- Promote Safe, Reliable, and Secure Infrastructure
- Mission Support through Organizational Excellence
FY 2021 Congressional Budget Justification
The following document reflects the FY 2021 Federal Regulatory Energy Commission’s Budget Request to Congress:
January 18, 2018 - FERC guidance: Plan for Operating in the Event of a Lapse in Appropriations
September 25, 2020 - FERC guidance: Plan for Operating in the Event of a Lapse in Appropriations