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U.S. Code as of:
01/19/04
Section 1354. Five-year plan; annual technical services program
The designated agency shall prepare and submit to the Secretary
in accordance with such regulations as he may publish -
(a) A five-year plan which may be revised annually and which
shall: (1) outline the technological and economic conditions of
the State, taking into account its region, business, commerce,
and its industrial potential and identify the major regional and
industrial problems; (2) identify the general approaches and
methods to be used in the solution of these problems and outline
the means for measuring the impact of such assistance on the
State or regional economy; and (3) explain the methods to be used
in administering and coordinating the technical services program.
(b) An annual technical services program which shall (1)
identify specific methods, which may include contracts, for
accomplishing particular goals and outline the likely impact of
these methods in terms of the five-year plan; (2) contain a
detailed budget, together with procedures for adequate fiscal
control, fund accounting, and auditing, to assure proper
disbursement for funds paid to the State under this chapter; and
(3) indicate the specific responsibilities assigned to each
participating institution in the State.
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