Recipients are required to submit reports on financial status, performance, and Equipment, as described below.

(a) Financial report. A final financial report is due 120 calendar days after award approval. The report must include the submission of the SF-425, “Federal Financial Report,” and any additional information specified in Form RD 4280-2, “Financial Assistance Agreement.”

(b) Performance report. A final performance report is due 120 calendar days after award approval. The report must include the information specified in Form RD 4280-2, “Financial Assistance Agreement.”

(c) Equipment report. Equipment reporting procedures must be in compliance with 2 CFR 200.313 and are identified in Form RD 4280-2, “Financial Assistance Agreement.”