1. (a) The executive director, or designee, shall evaluate each proposal considering the purposes listed in §803.3(a) of this subchapter, the program objectives listed in §803.13 of this subchapter, and procedures in §803.14 of this subchapter, along with the prevailing wage for occupations in the local labor market area, the financial stability of the private partner, the regional economic impact, and any other factors unique to the circumstances that the Agency determines are appropriate.
2. (b) The Agency shall notify the Board in the applicable workforce area when the Agency is evaluating a proposal so as to inform the Board of potential workforce activities in the workforce area.
3. (c) If the Agency determines that a proposal is appropriate for funding through the Skills Development Fund, the executive director, or designee, shall enter into a contract with the grant recipient on behalf of the Agency.

Source Note:The provisions of this §803.15 adopted to be effective January 29, 2003, 28 TexReg 751; amended to be effective January 9, 2006, 31 TexReg 174.