12 2 STA T . 1 843PUBLIC LA W 11 0– 24 6—J U NE 18 , 2008 onwhic h t h eS ec r et a r yp ro mulg ate s regulations or issues gui d e - lines under su b section ( d ) ( 1 ) . ( f ) INDEP ENDEN TEVALU AT IO N S;R EPO R T. — (1) INDEPENDENT EVALUATIONS.— ( A )IN G ENERAL.— N ot later than No v ember 1 ,20 11, the Secretary shall ensure that an independent third party conducts an independent evaluation of all field-based pro j ects that— (i) addresses each factor described in subparagraph ( B ); and (ii) is conducted in accordance with this section. (B) RE Q UIRED F A C TORS.— T he Secretary shall re q uire the independent third party to develop— (i) with respect to each relevant mar k et in which an eligible commodity was procured under this section, a description of— (I) the prevailing and historic supply, demand, and price movements of the market (including the e x tent of competition for procurement bids); (II) the impact of the procurement of the eligible commodity on producer and consumer prices in the market; (III) each government market interference or other activity of the donor country that might have significantly affected the supply or demand of the eligible commodity in the area at which the local or regional procurement occurred; (I V ) the quantities and types of eligible commodities procured in the market; (V) the time frame for procurement of each eligible commodity; and (VI) the total cost of the procurement of each eligible commodity (including storage, handling, transportation, and administrative costs); (ii) an assessment regarding— (I) whether the requirements of this section have been met; (II) the impact of different methodologies and approaches on— (aa) local and regional agricultural pro- ducers (including large and small agricultural producers); (bb) markets; (cc) low-income consumers; and (dd) program recipients; and (III) the length of the period beginning on the date on which the Secretary initiated the procurement process and ending on the date of delivery of eligible commodities; (iii) a comparison of different methodologies used to carry out this section, with respect to— (I) the benefits to local agriculture; (II) the impact on markets and consumers; (III) the period of time required for procure- ment and delivery; (IV) quality and safety assurances; and (V) implementation costs; and Deadlin e .
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