In 1995, the CIA hired the American Institutes for Research (AIR) to perform a retrospective evaluation of the results generated by the Stargate Project. Reviewers included Ray Hyman and Jessica Utts. Utts maintained that there had been a statistically significant positive effect, with some subjects scoring 5–15% above chance. Hyman argued that Utts' conclusion that ESP had been proven to exist, "is premature, to say the least." Hyman said the findings had yet to be replicated independently, and that more investigation would be necessary to "legitimately claim the existence of paranormal functioning". Based upon both of their studies, which recommended a higher level of critical research and tighter controls, the CIA terminated the $20 million project in 1995. "Time" magazine stated in 1995 that three full-time psychics were still working on a $500,000-a-year budget at Fort Meade, Maryland, which would soon be closed.