Section 764.458 - Vendor approval(a)Agreement to conduct training.(1) Upon approval, the vendor must sign an agreement to conduct training for the Agency's borrowers.(2) The agreement to conduct training is valid for 3 years.(3) Any changes in curriculum, instructor, or cost require prior approval by the Agency.(4) The vendor may revoke the agreement by giving the Agency a written 30-day notice.(5) The Agency may revoke the agreement if the vendor does not comply with the responsibilities listed in the agreement by giving the vendor a written 30-day notice.(b)Renewal of agreement to conduct training.(1) To renew the agreement to conduct training, the vendor must submit in writing to the Agency:(i) A request to renew the agreement;(ii) Any changes in curricula, instructor, or cost; and(iii) Documentation that the vendor is providing effective training.(2) The Agency will review renewal requests in accordance with § 764.457 .