42 USC 7256c - Milestone-based demonstration projects

U.S Code last checked for updates: Nov 23, 2024

§ 7256c.

Milestone-based demonstration projects

(a)

In general

(b)

Requirements

In carrying out milestone-based demonstration projects under the authority in paragraph (1), the Secretary shall, for each relevant project—

(1)

request proposals from eligible entities, as determined by the Secretary, including—

(A)

a business plan, that may include a plan for scalable manufacturing and a plan for addressing supply chain gaps;

(B)

a plan for raising private sector investment; and

(C)

proposed technical and financial milestones, including estimated project timelines and total costs; and

(2)

award funding of a predetermined amount to projects that successfully meet proposed milestones under paragraph (1)(C) or for expenses deemed reimbursable by the Secretary, in accordance with terms negotiated for an individual award;

(3)

require cost sharing in accordance with section 16352 of this title; and

(4)

communicate regularly with selected eligible entities and, if the Secretary deems appropriate, exercise small amounts of flexibility for technical and financial milestones as projects mature.

(c)

Awards

For the program established under subsection (a)—

(1)

an award recipient shall be responsible for all costs until milestones are achieved, or reimbursable expenses are reviewed and verified by the Department; and

(2)

should an awardee not meet the milestones described in subsection (a), the Secretary or their designee may end the partnership with an award recipient and use the remaining funds in the ended agreement for new or existing projects carried out under this section.

(d)

Project management

(e)

Report

(Pub. L. 116–260, div. Z, title IX, § 9005, Dec. 27, 2020, 134 Stat. 2599.)

cite as: 42 USC 7256c