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We are not sure if our project will take a full three years; can we plan our project to finish early?

The 3-year period of performance is a strict requirement for Exchange Network assistance agreements. If an application lists a period of performance shorter than three years, then this would have to be corrected prior to award if selected.

Applicants are encouraged to include realistic and generous scheduled completion dates which stretch over the entire 3-year period of performance, as this helps to prevent the need for extensions should unexpected delays occur. There is no penalty for completing a grant project early; grantees can complete projects anytime during the three-year period of performance.