20 CFR 679.530 – When must the regional plan be modified?
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(a) Consistent with § 679.580, the Governor must establish procedures governing the modification of regional plans.
Terms Used In 20 CFR 679.530
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
(b) At the end of the first 2-year period of the 4-year local plan, the Local WDBs within a planning region, in partnership with the appropriate chief elected officials, must review the regional plan and prepare and submit modifications to the regional plan to reflect changes:
(1) In regional labor market and economic conditions; and
(2) Other factors affecting the implementation of the local plan, including but not limited to changes in the financing available to support WIOA title I and partner-provided WIOA services.