Whenever a sponsor finds it is not on track to meet its performance measures, it must develop a plan to get back on track or submit a request to the Corporation to amend its performance measures. The request must include all of the following:
(a) Why the project is not on track to meet its performance requirements;
(b) How the project has been tracking performance measures;
(c) Evidence of corrective steps taken;
(d) Any new proposed performance measures; and
(e) A plan to ensure that the project will meet the new proposed measure(s).