; (B) to support workforce development for a covered facility; and (C) to support site development and technological upgrade for a covered facility. (5) Clawback (A) Major awards (i) In general For all financial assistance awards provided to covered entities under this subsection, the Secretary shall, at the time of making the award, determine the target dates by which a covered entity shall commence and complete the applicable project. (ii) Progressive recovery for delays If the covered entity receiving a financial assistance award under this subsection does not complete the applicable project by the applicable target date determined under clause (i), the Secretary shall progressively recover up to the full amount of the award. (iii) Waiver In the case of projects that do not meet the applicable target date determined under clause (i), the Secretary may waive the requirement to recover the financial award provided for the project under clause (ii) after making a formal determination that circumstances beyond the ability of the covered entity to foresee or control are responsible for the delay. (iv) Congressional notification (I) In general Not later than 15 days after making a determination to recover an award under clause (ii), the Secretary shall notify the appropriate committees of Congress of the intent of the Secretary to recover the award. (II) Waivers Not later than 15 days after the date on which the Secretary provides a waiver under clause (iii), the Secretary shall notify the appropriate committees of Congress of the waiver. (B) Joint research, technology licensing, and intellectual property reporting (i) In general Before entering into an agreement with a foreign entity to conduct joint research or technology licensing, or to share intellectual property, a covered entity that has received a financial assistance award under this subsection— (I) shall notify the Secretary of the intent to enter into such an agreement