[Code of Federal Regulations] [Title 7, Volume 10] [Revised as of January 1, 2007] From the U.S. Government Printing Office via GPO Access [CITE: 7CFR1487] [Page 757-758] TITLE 7--AGRICULTURE CHAPTER XIV--COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE PART 1487_TECHNICAL ASSISTANCE FOR SPECIALTY CROPS--Table of Contents Sec. 1487.7 How are agreements formalized? Following the approval of a proposal, the CCC will enter into a written agreement with the organization that submitted the proposal. This program [[Page 758]] agreement will incorporate the proposal as approved by the FAS, include a maximum dollar amount that may be reimbursed (the funding level), and identify terms and conditions under which the CCC will reimburse certain costs of the project. Program agreements also will outline any specific responsibilities of the participant, including, but not limited to, the timely and effective implementation of program activities and the submission of a written report(s), on no less than an annual basis, which evaluates the TASC project using the performance measures presented in the approved proposal. [68 FR 42564, July 18, 2003]