(a) When the commissioner approves an application for Economic Development Skills Training Program assistance, the department, upon the recommendation of the Interagency Review Committee, shall execute and monitor the necessary grants and contracts or shall authorize one or more agencies to execute and monitor such assistance, pursuant to a written agreement between the approved applicant and such authorized agency or agencies, to be prepared by such agency or agencies, as set forth below. Each such written agreement shall provide that the approved applicant shall be entitled to receive payment of the full amount of Economic Development Skills Training Program assistance awarded only if the contractor demonstrates that the anticipated outcomes described in the application have been achieved or exceeded; provided, however, that each such written agreement may provide for payments in advance of the performance or completion of training activities and for repayment of such advance payments in the event that the anticipated outcomes are not substantially achieved.

(b) The Department of Labor shall be authorized to execute and monitor awards of assistance for projects which provide on-the-job training reimbursements to businesses and for labor exchange and other related services, as are agreed upon by the Department of Economic Development and the Department of Labor.

(c) The Education Department shall be authorized to execute and monitor awards of assistance for projects which provide classroom-based training which will be delivered by school districts, boards of cooperative educational services, and private degree-granting institutions of higher education.

(d) The State University of New York or the City University of New York shall be authorized to execute and monitor awards of assistance for projects which provide classroom-based training which will be delivered by community colleges, agricultural and technical colleges, and public degree-granting institutions of higher education.