Audits consist of two components:(1) On-Site Audit of an Institution's Facilities Inventory:(A) Institutions may participate in the Peer Review Team (PRT) process, by which institutions aid in auditing one another, with the participation of Board staff. Institutions participating in the PRT program must provide one or more qualified individuals with facilities management for the PRT pool maintained by the Board Staff; or(B) Institutions choosing not to participate in the PRT audit process are required to conduct self-audits in accordance with §17.110(c) of this chapter (relating to General Provisions).(2) Audit of an Institution's Facilities Development Projects:(A) The Internal Auditor of an institution (or its System Office) may determine if facilities projects were submitted to the Coordinating Board in accordance with §17.20 of this title (relating to Facility Projects to Be Submitted to the Coordinating Board) and submit a report to the Coordinating Board.(B) Board staff shall publish a Facilities Audit Protocol on the agency's website, including details on the process and timing of these components.