Streamlining the Requirements for Approved Projects for Public Works and Economic Development Investments

By this rule, EDA amends its regulations governing public works and economic development investments by removing certain unnecessary language. Specifically, this action removes unnecessary language related to bid overrun, project signs, and occupancy prior to final acceptance. This action is intended to streamline EDA's regulations without diminishing any substantive rights or obligations in connection with public works and economic development investments.

This is a factual description of what was issued or decided, not an assessment of it.