13 CFR 308.3 - Planning performance awards.

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§ 308.3 Planning performance awards.
(a) A Recipient of Investment Assistance awarded on or after the date of enactment of section 216 of PWEDA for a Project located in an EDA-funded Economic Development District may, at the discretion of the Assistant Secretary, receive a planning performance award in an amount not to exceed five (5) percent of the amount of the applicable Investment award if EDA determines before closeout of the Project that:
(1) The Recipient, through the Project, actively participated in the economic development activities of the District;
(2) The Project demonstrated exceptional fulfillment of one (1) or more components of, and is otherwise in accordance with, the applicable CEDS, including any job creation or job retention requirements; and
(3) The Recipient demonstrated exceptional collaboration with federal, State and local economic development entities throughout the development of the Project.
(b) The Recipient shall use the planning performance award to increase, up to one hundred (100) percent, the Federal share of the cost of a Project under this chapter.
(c) The applicable FFO may set forth additional requirements, qualifications and guidelines for planning performance awards.
[71 FR 56675, Sept. 27, 2006, as amended at 73 FR 62869, Oct. 22, 2008]

Title 13 published on 2014-01-01

The following are only the Rules published in the Federal Register after the published date of Title 13.

For a complete list of all Rules, Proposed Rules, and Notices view the Rulemaking tab.

  • 2014-12-19; vol. 79 # 244 - Friday, December 19, 2014
    1. 79 FR 76108 - Economic Development Administration Regulatory Revision
      GPO FDSys XML | Text
      DEPARTMENT OF COMMERCE, Economic Development Administration
      Final rule.
      This rule is effective on January 20, 2015.
      13 CFR Parts 300, 301, 302, 303, 304, 305, 306, 307, 308, 310, and 314

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United States Code

Title 13 published on 2014-01-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 13 CFR 308 after this date.

  • 2014-12-19; vol. 79 # 244 - Friday, December 19, 2014
    1. 79 FR 76108 - Economic Development Administration Regulatory Revision
      GPO FDSys XML | Text
      DEPARTMENT OF COMMERCE, Economic Development Administration
      Final rule.
      This rule is effective on January 20, 2015.
      13 CFR Parts 300, 301, 302, 303, 304, 305, 306, 307, 308, 310, and 314