(a) In generalThe Director may execute a contract for program oversight and fiscal management with an organization at an institution of higher education, a non-profit organization, or other entity that demonstrates capacity for and experience in—
(b) Oversight responsibilities
(1) Mandatory dutiesIf the Director executes a contract under subsection (a) with an organization for program oversight and fiscal management, the organization shall—
(A)
ensure that a grant recipient faithfully replicates and implements the program or programs for which the grant is awarded;
(B)
ensure that grant funds are used for the purposes authorized and that a grant recipient has a system in place to track and account for all Federal grant funds provided;
(D) collect and analyze data and report to the Director annually on the effects of the program on—
(i)
the progress of participating students in achieving teaching competence and teaching certification;
(E)
collect and analyze data and report to the Director annually on the effects of the program on the academic achievement of elementary and secondary school students taught by graduates of programs funded by grants under this chapter; and
(F)
submit an annual report to the Director demonstrating compliance with the requirements of subparagraphs (A) through (E).
(c) Reports to Congress
The Director shall submit a copy of the annual report required by subsection (b)(1)(F) to the Senate Committee on Commerce, Science, and Transportation, the Senate Committee on Health, Education, Labor, and Pensions, the House of Representatives Committee on Science and Technology, and the House of Representatives Committee on Education and Labor.