; (3) absent comprehensive, centralized information about these investments, it may be difficult for NASA to avoid duplication among its efforts; (4) NASA has not defined what constitutes an institute or established guidance and metrics on the management, use, or expectations for return on investment; (5) such guidance may enable NASA to gain a better understanding of how funds directed to NASA-funded institutes are utilized to accomplish the mission and goals of NASA, increase its return on investment, and evaluate the performance of such institutes; and (6) NASA lacks a standard process to assess a potential grantee’s financial condition prior to grant award or to impose additional reporting or oversight requirements that such a condition may warrant, and without such a mechanism, NASA risks making uninformed investment decisions. (b) Institute budgets Section 30103(a) of title 51, United States Code, is amended— (1) in paragraph (5), by striking and at the end; (2) by redesignating paragraph (6) as paragraph (7); and (3) by inserting after paragraph (5) the following: (6) the budget for each NASA-funded institute; and . (c) Report Not later than 90 days after the date of enactment of this Act, the Administrator shall submit to the Committee on Science, Space, and Technology of the House of Representatives and the Committee on Commerce, Science, and Transportation of the Senate a report that recommends guidance and metrics for the management, utilization, expectations for return on investment, and financial condition of NASA-funded institutes. 602. Baseline and cost controls Section 30104(e)(1)(A) of title 51, United States Code, is amended— (1) in clause (ii) by striking and at the end; (2) in clause (iii) by striking and at the end; and (3) by adding at the end the following: (iv) any changes made in the performance or schedule milestones and the degree to which such changes have contributed to the increase in total cost; (v) new estimates of the specific project or specific program cost