; and (B) coordinate with the Chief Innovation Officer the activities of such bureau on such matters. (2) Continuation of service An individual appointed to serve as a senior advisor pursuant to paragraph (1) may continue to serve concurrently in the individual’s original position in such bureau. 5. Authorities to support expanded use of innovation (a) Innovation authorities (1) In general The Administrator, acting through the Chief Innovation Officer, is authorized, pursuant to the authorities described in section 635 of the Foreign Assistance Act of 1961 ( 22 U.S.C. 2395 ), to provide flexible, results- and milestones-based funding to support expanded use of innovation, encourage improved development and humanitarian outcomes, expand USAID partner bases, and support cost-effective and sustainable-led development solutions in partnership with local and nontraditional development partners, including the private sector. (2) Types of funding The Administrator may provide funding authorized under paragraph (1) in the form of grants (including fixed amount awards), contracts (including firm-fixed price contracts), advanced market commitments, development impact bonds, performance-based contracts, conditional cash transfers, and prize awards, including— (A) Innovation Incentive Awards