Each request submitted to the Department of Finance and Administration shall be accompanied with an evaluation report prepared by the state agency that includes information as follows, but not necessarily limited thereto:
(1) A description of the purpose of the program;
(2) An explanation of the relationship of the program or plan to the agency's total program and why the program is needed;
(3) Its priority in the total program;
(4) A statement whether similar programs are being conducted, if known, or could be conducted in or by other agencies;
(5) An explanation of the effects of this program and the state's obligation, if any, to continue the program, and the level of continuance, in the event federal funds are curtailed;
(6) A statement of how the agency's programs and objectives would be affected if the request is not approved; and
(7) The amount of overhead payment anticipated from federal funds, and its adequacy, to reimburse the agency and central state services for actual indirect costs reimbursements.