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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 13 - Business Credit and Assistance |
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Chapter III - Economic Development Administration, Department of Commerce |
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Part 318 - EVALUATIONS OF UNIVERSITY CENTERS AND ECONOMIC DEVELOPMENT DISTRICTS |
§ 318.2 - Economic Development District performance evaluations.
Latest version.
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EDA will evaluate the performance of each Economic Development District. EDA will:
(a) Evaluate each Economic Development District at least once every three years;
(b) Assess the Economic Development District's management standards, financial accountability, and program performance; and
(c) For peer review, ensure the participation of at least one other Economic Development District organization, as appropriate, in the evaluation on a cost-reimbursement basis.