and purposes of each Federal, State, or local government entity, intermediary, service provider, independent evaluator, investor, or other stakeholder. (vi) The payment terms, the methodology used to calculate outcome payments, the payment schedule, and performance thresholds. (vii) The project budget. (viii) The project timeline. (ix) The project eligibility criteria. (x) The evaluation design. (xi) The metrics that will be used in the evaluation to determine whether the outcomes have been achieved as a result of each intervention and how these metrics will be measured. (xii) The estimate of the savings to the Federal, State, and local government, on a program-by-program basis and in the aggregate, if the agreement is entered into and implemented and the outcomes are achieved as a result of each intervention. (E) Authority to transfer administration of agreement The Secretary may transfer to the head of another Federal agency the authority to administer (including making payments under) an agreement entered into under subparagraph (C), and any funds necessary to do so. (F) Requirement on funding used to benefit children Not less than 50 percent of all Federal payments made to carry out agreements under this paragraph shall be used for initiatives that directly benefit children. (4) Feasibility study funding (A) Requests for funding for feasibility studies The Secretary shall reserve a portion of the amount reserved to carry out this subsection to assist States or local governments in developing feasibility studies to apply for social impact partnership funding under paragraph (2). To be eligible to receive funding to assist with completing a feasibility study, a State or local government shall submit an application for feasibility study funding addressing the following: (i) A description of the outcome goals of the social impact partnership project. (ii) A description of the intervention, including anticipated program design, target population, an estimate regarding the number of individuals to be served, and