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 specified in the agreement are achieved as a result of the intervention. (v) The savings to the State and local governments if the outcomes specified in the agreement are achieved as a result of the intervention. (vi) The expected quality of the evaluation that would be conducted with respect to the agreement. (vii) The capacity and commitment of the State or local government to sustain the intervention, if appropriate and timely and if the intervention is successful, beyond the period of the social impact partnership. (C) Agreement authority (i) Agreement requirements In accordance with this paragraph, the Secretary, in consultation with the Federal Interagency Council on Social Impact Partnerships and the head of any Federal agency administering a similar intervention or serving a population similar to that served by the project, may enter into an agreement for a social impact partnership project with a State or local government if the Secretary, in consultation with the Federal Interagency Council on Social Impact Partnerships, determines that each of the following requirements are met: (I) The State or local government agrees to achieve one or more outcomes as a result of the intervention, as specified in the agreement and validated by independent evaluation, in order to receive payment. (II) The Federal payment to the State or local government for each specified outcome achieved as a result of the intervention is less than or equal to the value of the outcome to the Federal Government over a period not to exceed 10 years, as determined by the Secretary, in consultation with the State or local government. (III) The duration of the project does not exceed 10 years. (IV) The State or local government has demonstrated, through the application submitted under