; (3) collect and disseminate best practices on the design and administration of prize competitions; (4) streamline contracting mechanisms for the implementation of prize competitions; and (5) provide training and prize competition design support, as necessary, to Department staff to develop prize competitions and challenges. (f) Report In accordance with section 307(a) of the Energizing Technology Transfer Act, the Secretary shall report annually on a description of any prize competitions carried out using this authority, the total amount of prizes awarded along with any private sector contributions, the methods used for solicitation and evaluation, and a description of how each prize competition advanced the mission of the Department. . 304. Milestone-based demonstration projects (a) In general Acting under section 646(g) of the Department of Energy Organization Act ( 42 U.S.C. 7256(g) ), notwithstanding paragraph (10) of such section, the Secretary may carry out demonstration projects as a milestone-based demonstration project that requires particular technical and financial milestones to be met before a participant is awarded grants by the Department through a competitive award process. (b) Requirements In carrying out milestone-based demonstration projects under the authority in paragraph (1), the Secretary shall, for each relevant project— (1) request proposals from eligible entities, as determined by the Secretary, including— (A) a business plan, that may include a plan for scalable manufacturing and a plan for addressing supply chain gaps; (B) a plan for raising private sector investment; and (C) proposed technical and financial milestones, including estimated project timelines and total costs; and (2) award funding of a predetermined amount to projects that successfully meet proposed milestones under paragraph (1)(C) or for expenses deemed reimbursable by the Secretary, in accordance with terms negotiated for an individual award