Annual report to Congress
In general
Inclusions
Each report required under subsection (a) shall—
include a list of all grant recipients by State, including the projected private sector dollar to Federal dollar investment ratio for each grant recipient;
include a discussion of any private sector leveraging goal with respect to grants awarded to—
rural areas and urban economically distressed areas; and
highly distressed areas;
after the completion of a project, include the realized private sector dollar to Federal dollar investment ratio for the project; and
include a list of all of the grants provided by the Economic Development Administration for projects located in, or that primarily benefit, rural areas;
an explanation of the process used to determine how each project referred to in subparagraph (A) would benefit a rural area; and
a certification that each project referred to in subparagraph (A)—
is located in a rural area; or
will primarily benefit a rural area.
Additional reporting
As part of the annual report to Congress of the Economic Development Administration, the Secretary shall include a report on project completions and close outs for construction awards that includes the following information on individual construction projects:
The award date of the project.
The completion date of the project.
The close out date of the project.
The total amount of the project, including non-Federal cost share and funding from other sources, including a breakdown by source.
The number of jobs anticipated to be created or retained as a result of the investment.
Public availability
Additional reporting requirement
To ensure that projects are meeting expected timelines, not later than 1 year after
includes an analysis of Economic Development Administration construction project timeline estimates and actual project durations; and
describes the frequency with which project timelines are delayed and the sources of those delays, including cases in which a project scope or schedule requires an award amendment.