The commission by rule shall require each entity receiving a grant under this chapter to submit progress reports to the commission at least twice annually. Each progress report must include the following information relating to a training program funded by the grant:
(1) the number of participants;
(2) an update on progress toward performance benchmarks;
(3) a description of any key accomplishments achieved, lessons learned, or setbacks or risks incurred by the entity in administering the training program;
(4) an explanation of any material changes to the training program’s work plan, team, or budget; and
(5) the amount of grant money spent by the entity during the reporting period.