---
kind: "section"
citation: "13 C.F.R. § 308.3"
title: "13"
number: "308.3"
heading: "Planning performance awards."
url: "https://uscodex.org/cfr/13/308.3"
---

# §308.3. Planning performance awards.

- (a) A Recipient of Investment Assistance awarded on or after the date of enactment of [section 216](/cfr/13/216.md) 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 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 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 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.

## Notes

### Amendments

[71 FR 56675, Sept. 27, 2006, as amended at 73 FR 62869, Oct. 22, 2008; 79 FR 76136, Dec. 19, 2014]

### Authority

Authority: 42 U.S.C. 3151; 42 U.S.C. 3154a; 42 U.S.C. 3154b; Department of Commerce Delegation Order 10-4.

### Source

Source: 71 FR 56675, Sept. 27, 2006, unless otherwise noted.

### Amendments

[71 FR 56675, Sept. 27, 2006, as amended at 73 FR 62869, Oct. 22, 2008; 79 FR 76136, Dec. 19, 2014]