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• Completing the State Preparedness Reports (SPR), including the Threat and Hazard Identification and Risk Assessment ( THIRA) process; • Designing and conducting exercises that engage an all -of- Nation/whole community of stakeholders and validate core capabilities; and • Conducting training Priorities The National Preparedness System is the instrument the Nation employs to build, sustain, and implement core capabilities to achieve the Goal of a secure and resilient Nation. Complex and far - reaching threats and hazards require a collaborative and all -of- Nation/whole community approach to national preparedness that engages individuals, families, communities, private and nonprofit sectors, faith -based organizations, and all levels of government. The guidance, programs, processes, and systems that support each component of the National Preparedness System allow for the integration of preparedness efforts that build, sustain, and deliver core capabilities and achieve the desired outcomes identified in the Goal. The Department of Homeland Security expects EMPG recipients to prioritize grant funding to address capability targets and gaps identified through the annual THIRA and SPR process. Recipients should prioritize the use of grant funds to maintain/sustain current capabilities, to validate capability levels, and to increase capability for high - priority core capabilities with low capability levels. Additional information, including guidelines for completing the THIRA and SPR, can be found at: httis: / /www.fema.gov/ media- librarv/assets/ documents /26335 and htWs://www.fema.gov/media-librarv/assets/docutuents/24748. Minimum funding amounts are not prescribed by the Department for these priorities; however, recipients are expected to support state, local, regional, tribal, territorial and national efforts to achieve the desired outcomes for these priorities. For additional details on priorities for the EMPG Program, please refer to Appendix A — FY 2015 EMPG Program Priorities. B. Federal Award Information Award Amounts, Important Dates, Extensions Available Funding for the FY 2015 EMPG NOFO: $350,100,000 Period of Performance: Twenty -four (24) Months Extensions to the period of performance are allowed. For additional information on period of performance extensions, refer to Section H of this NOFO, Additional Information (Extensions). Period of Performance Start Date(s): 10/1/2014 FY 2015 EMPG Program 55B -11