Executive Order 12803

By the authority vested in me as President by the Constitution and the laws of the United States of America, and in order to ensure that the United States achieves the most beneficial economic use of its resources, it is hereby ordered as follows:

. Definitions.
 * For purposes of this order:

. Fundamental Principles.
 * Executive departments and agencies shall be guided by the following objectives and principles:

. Privatization Initiative.
 * To the extent permitted by law, the head of each executive department and agency shall undertake the following actions:

. Criteria.
 * To the extent permitted by law, the head of an executive department or agency shall approve a request in accordance with section 3(c) of this order only if the grantee:

. Government-wide, Coordination and Review.
 * In implementing Executive Order Nos. 12291 and 12498 and OMB Circular No. A-19, the Office of Management and Budget, to the extent permitted by law and consistent with the provisions of those authorities, shall take action to ensure that the policies of the executive departments and agencies are consistent with the principles, criteria, and requirements of this order. The Office of Management and Budget shall review the results of implementing this order and report thereon to the President 1 year after the date of this order.

. Preservation of Existing Authority.
 * Nothing in this order is in any way intended to limit any existing authority of the heads of executive departments and agencies to approve privatization proposals that are otherwise consistent with law.

. Judicial Review.
 * This order is intended only to improve the internal management of the executive-branch, and is not intended to create any right or benefit, substantive or procedural, enforceable by a party against the United States, its agencies or instrumentalities, its officers or employees, or any other persons.

, April 30, 1992.