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 Process

Strategic Plan

FERC submits FY 2022–FY 2026 Strategic Plan

FERC's Mission: Reliable, Safe, Secure, and Economically Efficient Energy for Consumers at a Reasonable Cost
Assist consumers in obtaining reliable, safe, secure, and economically efficient energy services at a reasonable cost through appropriate regulatory and market means, and collaborative efforts.

Fulfilling this mission involves pursuing three primary goals:

  1. Ensure Just and Reasonable Rates, Terms, and Conditions
  2. Ensure Safe, Reliable, and Secure Infrastructure Consistent With the Public Interest
  3. Provide Mission Support Through Organizational Excellence

Congressional Budget Justification

The following document reflects the FY 2023 Federal Energy Regulatory Commission’s Budget Request to Congress:

FY 2023 Performance Budget Request, FY 2023 Annual Performance Plan, and FY 2021 Annual Performance Report

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

September 24, 2021 - FERC guidance: Plan for Operating in the Event of a Lapse in Appropriations

 

This page was last updated on April 04, 2022