To adopt new performance evaluation standards for registered apprenticeship and preaprenticeship programs in order to determine program performance. These performance standards must include retention and completion rates of participants disaggregated by training provider, program, and occupation and wage progression of participants as demonstrated by starting, exit, and postapprenticeship wages at 1 and 5 years after participants exit the program. The amended rule will define those minimum performance standards for each occupation under which an apprenticeship or preapprenticeship is administered. The effect of this amendment is registered programs will have new accountability metrics for retention, completion and wages for apprentice graduates.