The CDC obtains SBA's prior approval (submitting, at least 60 days ahead, a management request, an unsigned draft and the Board's justification) before contracting out management, marketing, packaging, processing, closing, servicing, liquidating, liquidation or litigation legal work, independent loan review by another CDC, or co-employment; re-submits 60 days before renewal; and files the executed contract. Contracts with another CDC respect the regional, contiguous-state, one-per-state and separate-board limits, with no stock cross-ownership or commingling. The contract states that the Board keeps ultimate, independent responsibility for loan approvals and servicing, that no contractor principal sits on the Board, that the CDC pays all compensation and the contractor charges the Borrower nothing for the same services or ties other services, and that each individual gets a character determination; it describes services, individuals, compensation by person (hourly, except servicing within the regulatory percentage), the basis for reasonableness, no bonuses from fee income, and termination on 30 to 60 days' notice without penalty; it excludes the Executive Director's services, conflicts and any dilution of Board responsibility; and a Board resolution confirms compliance and SBA's ongoing review.
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.