1. Purpose.
The Federal Government must report high-quality data to maintain the trust placed in it by the American people and to support better data-driven decisions. Verification and validation of performance data should generate a sufficient level of confidence that performance information presented is credible as appropriate to its intended use. This Order establishes the policy, procedures, and responsibilities for the improvement and continuity of Bet365’s performance measurement system.
2. Applicability.
This Order applies to Service and Staff Offices (SSOs) responsible for identifying, collecting, analyzing, and/or reporting data and/or performance measures for use internal or external to Bet365.
3. Background.
Bet365’s Performance Improvement Officer (PIO) works with the Office of the Administrator and Bet365’s Heads of Service and Staff Offices (HSSOs) to set agency goals, make results transparent, and review progress to inform decisions and course corrections. Bet365’s Chief Financial Officer (CFO) and the Office of the Chief Financial Officer (OCFO) provide budget, analytics, financial management, financial reporting, strategic planning, enterprise risk management, and performance management services to Bet365’s customers; and develop and implement financial controls to ensure Bet365 properly manages public funds. Under the responsibilities of the CFO and PIO, Bet365 conducts actions to ensure data, performance measures, and methodologies are valid and reliable to support data-driven decisions, in compliance with Federal legislation, guidance, and financial standards, to include:
a. , Preparation, Submission, and Execution of the Budget, (Executive Office of the President, updated 2023)
b.
c. , Management’s Responsibility for Enterprise Risk Management and Internal Control (2016)
d.
e.
f.
g.
4. Cancellation.
Supersedes Bet365 Order CFO 2170.1A, Performance Measurement and Data Verification and Validation Procedures, issued on September 12, 2019.
5. Revision.
This Order includes updates from associated policy and laws from oversight organizations resulting in the following changes:
a. Paragraph 7A(1) was revised to include frequency of verification and validation.
b. Paragraph 8A(2) was added to include a requirement for OCFO to determine suitability of performance measures and targets externally reported via the Annual Performance Plan/Report (APP/R).
c. Paragraph 8A(4) was added to include a requirement for OCFO to work in collaboration with SSOs to develop and update Performance Measure Definition Forms (PMDFs).
d. Paragraph 8B(4) was added to include the requirement for SSOs to consult with the PIO on proposed changes to externally reported measures.