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| PLANNING PERFORMANCE AWARDSAt the discretion of the Assistant Secretary of Commerce for Economic Development, a recipient of investment assistance, located in an EDA-funded Economic Development District, or the EDD, may receive a planning performance award in an amount not to exceed 5 percent of the investment. Fiscal Year 2007 was the first year that EDA issued planning performance awards to those EDA investment recipients whose projects demonstrated outstanding collaboration and effectiveness in the planning phase of a project. Recipients of Planning Performance Awards must use their award to increase EDA’s share of the cost of an EDA-funded project, thereby decreasing the dollar amount of the local match. Sandy K. Baruah, Assistant Secretary of Commerce for Economic Development, announced the following EDA Planning Performance Award recipients for the First Quarter of Fiscal Year 2008, during the week of January 14, 2008. Economic Development Administration Planning Performance Awards Fourth Quarter of Fiscal Year 2008 - PDF Economic Development Administration Planning Performance Awards Third Quarter of Fiscal Year 2008 - PDF Economic Development Administration Planning Performance Awards Second Quarter of Fiscal Year 2008 - PDF Economic Development Administration Planning Performance Awards First Quarter of Fiscal Year 2008 - PDF EDA'S PERFORMANCE AWARDSA recipient of investment assistance under EDA’s Public Works Economic Development and Economic Adjustment assistance programs may receive a performance award in an amount not to exceed 10 percent of the amount of the original investment. EDA Performance Awards may be used to fund EDA-approved economic development activities. At the discretion of the Assistant Secretary of Commerce for Economic Development, outstanding performance is judged by the following criteria: amount of private investment attracted by the project, the number of jobs created by the project, timely project completion, organizational leadership, innovation, regional collaboration and economic strategy to compete in the global marketplace. EDA Performance Awards are announced quarterly; the awards were first announced in Fiscal Year 2007. For the first quarter of Fiscal Year 2008, Sandy K. Baruah, Assistant Secretary of Commerce for Economic Development, announced during the week of January 14, 2008, the following five EDA Performance Award recipients. Economic Development Administration Performance Awards Fourth Quarter of Fiscal Year 2008 - PDF Economic Development Administration Performance Awards Third Quarter of Fiscal Year 2008 - PDF Economic Development Administration Performance Awards Second Quarter of Fiscal Year 2008 - PDF Economic Development Administration Performance Awards First Quarter of Fiscal Year 2008 - PDF |   |
