PERFORMANCE MEASUREMENT, TRANSPARENCY, AND ACCOUNTABILITY.

SEC. 27001. [49 U.S.C. 301 note] PERFORMANCE MEASUREMENT, TRANSPARENCY, AND ACCOUNTABILITY. For each grant awarded under this Act, or an amendment made by this Act, the Secretary may— (1) develop metrics to assess the effectiveness of the activities funded by the grant; (2) establish standards for the performance of the activities funded by the grant that are based on the metrics developed under paragraph (1); and (3) not later than the date that is 4 years after the date of the initial award of the grant and every 2 years thereafter until the date on which Federal financial assistance is discontinued for the applicable activity, conduct an assessment of the activity funded by the grant to confirm whether the performance is meeting the standards for performance established under paragraph (2).