; and (II) lead to positive employment and earnings outcomes for the participants; and (iv) compare the outcomes for subclauses (I) and (II) of clause (i) with respect to the subpopulations described in section 116(d)(2)(B). (B) Report Not later than 2 years after the fifth year of each demonstration project approved under this section, the Secretary shall submit to the Committee on Education and the Workforce of the House of Representatives and the Committee on Health, Education, Labor, and Pensions, the results of the evaluation of such conducted under this paragraph. (c) Demonstration period; Limitations (1) In general A demonstration project approved under this section for a State, local area, or consortium— (A) shall be carried out for a 5-year demonstration period; and (B) may be renewed for an additional 5-year demonstration period, if the State, local area, or consortium— (i) for each of the final 3 years of the preceding 5-year demonstration period, meets its expected levels of performance established under subsection (f)(1)(C); and (ii) on the final year of the preceding 5-year demonstration period, achieves a performance improvement of not less than an average of a 5-percent increase across all of the indicators of performance described in clauses (i) and (ii) of subsection (f)(1)(A), compared with— (I) the highest level of performance for the corresponding indicators of performance, as described in subsection (f)(1)(B)(i) with respect to such State, for the most recent program year that ended prior to the beginning of the first year of the preceding 5-year demonstration period