The high cost and environmental impact of pavement rehabilitation has led to an increase in use of Cold In-Place Recycling (CIR) as an effective alternate to other rehabilitation methods. However, currently there is not a universally accepted or standard mix-design for CIR. Therefore, the project is being conducted with the aim of developing a performance-based mix-design procedure for CIR through lab evaluation and limited field verification. This project focuses on partial-depth CIR using asphalt emulsions as the recycling agent. After evaluating the modified Marshall mix-design recommended by the AASHTO Task Force No. 38, a new volumetric mix-design was developed utilizing the Superpave gyratory compactor and technology. It requires that specimens are prepared at densities similar to those found in the field. It also suggests that specimens should be cured at 140 deg F for 24 hours. This will allow for the most consistent specimens, while concurrently, more effectively utilizing the time of lab personnel. Performance of CIR mixtures prepared and constructed in accordance with the new mix-design was evaluated in both lab and field settings. Resistance characteristics, in relation to rutting and fatigue cracking, were predicted using the computer program, VESYS. Creep compliance and strength were determined using the Indirect Tensile Tester (IDT) to evaluate the resistance against low-temperature cracking.