PERFORMANCE EVALUATIONS OF GRANT RECIPIENTS.

SEC. 503. PERFORMANCE EVALUATIONS OF GRANT RECIPIENTS. (a) In General.—Section 506(c) of the Public Works and Economic Development Act of 1965 (42 U.S.C. 3196(c)) is amended by striking “after the effective date of the Economic Development Administration Reform Act of 1998”. (b) Evaluation Criteria.—Section 506(d)(2) of the Public Works and Economic Development Act of 1965 (42 U.S.C. 3196(d)(2)) is amended by inserting “program performance,” after “applied research,”.