A recipient shall submit a performance report, or, for the last year of a project, a final report, that evaluates at least annually—
    
    
        
        (a) 
         The recipient's progress in achieving the objectives in its approved application;
     
    
        
        (b) 
         The effectiveness of the project in meeting the purposes of the program; and
     
    
        
        (c) 
         The effect of the project on participants being served by the project.
     
    (Approved by the Office of Management and Budget under control number 1875-0102)
    
        
            Code of Federal Regulations
        
        (Authority: 
                20 U.S.C. 1221e-3 and 3474
            )
    
    
        
            Code of Federal Regulations
        
        [45 FR 22497, Apr. 3, 1980. Redesignated at 45 FR 77368, Nov. 21, 1980, as amended at 57 FR 30339, July 8, 1992; 59 FR 30262, June 10, 1994; 60 FR 6660, Feb. 3, 1995]