; (iii) that requires— (I) a feasibility study describing how the proposed intervention is based on evidence of effectiveness, which may be a feasibility study not exclusively developed for the specific grant, contract, or other agreement; (II) a rigorous, third-party evaluation that uses experimental or quasi-experimental design or other research methodologies that allow for the strongest possible causal inferences to determine whether the initiative has met its proposed outcomes; (III) an annual, publicly available report on the progress of the initiative; and (IV) that payments be made to the recipient of the grant, contract, or agreement only when agreed-upon outcomes are achieved, except as provided under paragraph (2) or (3) of subsection (b). (B) Exclusion The term pay for success initiative does not include any initiative that— (i) reduces the benefits to a student or the obligations of an entity under this Act, the Rehabilitation Act of 1973 ( 29 U.S.C. 701 et seq.), the Americans with Disabilities Act of 1990 ( 42 U.S.C. 12101 et seq.), the Individuals with Disabilities Education Act ( 20 U.S.C. 1400 et seq.), or any other law; or (ii) reduces services that an individual is entitled to receive under Federal, State, or local law. (b) Pay for success initiative authority (1) In general Notwithstanding any other provision of this Act and except as provided under subsection (c)— (A) (i) any recipient of a grant under this Act may request to use grant funds to carry out a pay for success initiative that accomplishes the objectives of the grant and meets all requirements of the grant (except to the extent a requirement is specifically modified by the pay for success initiative), if such use is proposed in the application or plan submitted for such grant; and (ii) the Secretary may approve not more than 5 pilot demonstrations each fiscal year from the grant applications or plans that contain a request to carry out a pay for success initiative