§ 1942.474 - Reporting.

Standard Form (SF) 269, “Financial Status Report,” SF 272, “Federal Cash Transactions Report,” and a project performance activity report will be required of all Grantees on a quarterly basis. A final project performance report will be required with the last SF-269. The final report may serve as the last quarterly report. Grantees shall constantly monitor performance to ensure that time schedules are being met, projected work by time periods is being accomplished, and other performance objectives are being achieved. All multi-state, regional, and nationwide Grantees are to submit an original of each report to the FmHA or its successor agency under Public Law 103-354 National Office. Grantees serving only one State are to submit an original of each report to the FmHA or its successor agency under Public Law 103-354 State Director. The FmHA or its successor agency under Public Law 103-354 State Director will review and forward to the FmHA or its successor agency under Public Law 103-354 National Office the report with comments. The project performance reports shall include, but not be limited to, the following:

(a) A comparison of actual accomplishments to the objectives established for that period;

(b) Reasons why established objectives were not met;

(c) Problems, delays, or adverse conditions which will affect attainment of overall project objectives, prevent meeting time schedules or objectives, or preclude the attainment of particular project work elements during established time periods. This disclosure shall be accompanied by a statement of the action taken or planned to resolve the situation; and

(d) Objectives and timetable established for the next reporting period.