261—187.3 (15) Project completion date and maintenance period completion date.
	 187.3(1) Projects shall be completed by the project completion date and maintained through the end of the maintenance date. The contract will establish the duration of the project period and maintenance period. Requests to change the project completion date and the maintenance period completion date shall follow the process for an amended award or contract as described in rule 261—187.4(15).
	 187.3(2) Projects receiving assistance from programs covered by this chapter shall conform to the time periods established by this rule.
	 187.3(3) By the project completion date, a recipient shall have completed the project as required by the contract. The jobs and project shall be maintained through the end of the maintenance period completion date. The project completion date is calculated by the department from the end of the month during which an award is made. For example, if an award is made on June 13, 2007, the three-year project completion date will be calculated from June 30, 2007. The project completion date for this award would be June 30, 2010. The maintenance period completion date would be June 30, 2012.
	 187.3(4) The following table describes, by program, the length of the project completion period and the maintenance period:

Program	Project Completion Period	Maintenance Period	Total Contract Length	
Grow Iowa Values Financial Assistance Program:	 	 	 	
130% wage component	3 years	2 more years	5 years	
100% wage component	3 years	2 more years	5 years	
Entrepreneurial component	3 years	2 more years	5 years	
Infrastructure component	3 years	2 more years	5 years	
Value-added agriculture component	3 years	2 more years	5 years	
Disaster recovery component	3 years	2 more years	5 years	
High Quality Jobs Program	3 years	2 more years	5 years	
Enterprise Zone Program	3 years	2 more years	5 years	
[ARC 7970B, IAB 7/15/09, effective 7/1/09; ARC 8145B, IAB 9/23/09, effective 10/28/09]