[Code of Federal Regulations]
[Title 13, Volume 1]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 13CFR304.4]

[Page 616]
 
                TITLE 13--BUSINESS CREDIT AND ASSISTANCE
 
CHAPTER III--ECONOMIC DEVELOPMENT ADMINISTRATION, DEPARTMENT OF COMMERCE
 
PART 304_ECONOMIC DEVELOPMENT DISTRICTS--Table of Contents
 
Sec.  304.4  Performance evaluations.

    (a) EDA shall evaluate the management standards, financial 
accountability and program performance of each District Organization 
within three (3) years after the initial Investment award and at least 
once every three (3) years thereafter, so long as the District 
Organization continues to receive Investment Assistance. EDA's 
evaluation shall assess:
    (1) The continuing Regional eligibility of the District, as set 
forth in Sec.  304.1;
    (2) The management of the District Organization, as set forth in 
Sec.  304.2; and
    (3) The implementation of the CEDS, including the District 
Organization's performance and contribution towards the retention and 
creation of employment, as set forth in Sec.  303.7 on this chapter.
    (b) For peer review, EDA shall ensure the participation of at least 
one (1) other District Organization in the performance evaluation on a 
cost-reimbursement basis.