§ 647. GRANTS FOR PREFEASIBILITY STUDIES WITHIN A DESIGNATED SUBREGION.
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Grant Authority.— In general .— Subject to the availability of appropriations, the Director of the Trade and Development Agency is authorized to make grants for prefeasibility studies for water projects in any country within a single subregion or in a single country designated under paragraph (2). Designation of subregion .— The Director of the Trade and Development Agency shall designate in advance a single subregion or a single country for purposes of paragraph (1). Matching Requirement .— The Director of the Trade and Development Agency may not make any grant under this section unless there are made available non-Federal contributions in an amount equal to not less than 25 percent of the amount of Federal funds provided under the grant.
Limitation Per Single Project .— With respect to any single project, grant funds under this section shall be available only for the prefeasibility portion of that project. Definitions .— In this section: Prefeasibility .— The term ‘prefeasibility’ means, with respect to a project, not more than 25 percent of the design phase of the project. Subregion .— The term ‘subregion’ means an area within the region and includes areas such as Central America, the Andean region, and the Southern cone.