; and (II) experience with performance-based awards or performance-based contracting and achieving project milestones and targets. (viii) Role in delivering the intervention. (ix) How the intermediary would monitor program success, including a description of the interim benchmarks and outcome measures. (E) Feasibility studies funded through other sources The notice described in subparagraph (A) shall permit a State or local government to submit an application for social impact partnership funding that contains information from a feasibility study developed for purposes other than applying for funding under this subsection. (3) Awarding social impact partnership agreements (A) Timeline in awarding agreement Not later than 6 months after receiving an application in accordance with paragraph (2), the Secretary, in consultation with the Federal Interagency Council on Social Impact Partnerships, shall determine whether to enter into an agreement for a social impact partnership project with a State or local government. (B) Considerations in awarding agreement In determining whether to enter into an agreement for a social impact partnership project (the application for which was submitted under paragraph (2)) the Secretary, in consultation with the Federal Interagency Council on Social Impact Partnerships (established by paragraph (6)) and the head of any Federal agency administering a similar intervention or serving a population similar to that served by the project, shall consider each of the following: (i) The recommendations made by the Commission on Social Impact Partnerships. (ii) The value to the Federal Government of the outcomes expected to be achieved if the outcomes specified in the agreement are achieved as a result of the intervention. (iii) The likelihood, based on evidence provided in the application and other evidence, that the State or local government in collaboration with the intermediary and the service providers will achieve the outcomes. (iv) The savings to the Federal Government if the outcomes