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City of Eugene <br /> Secure Rural Schools <br /> Cooperative .Agreement No. L12AC20472 <br /> Page 9 of 17 <br /> and on property in the care, custody and control of the policyholder). In addition, the recipient <br /> shall maintain its current accidental health, dismemberment and injury insurance for all their <br /> employees or volunteers. <br /> X. DELIVERABLES AND REPORTS <br /> A. Federal Financial Reports: <br /> 1. Reports of expenditures are required as documentation of the financial status of <br /> awards according to the official accounting records of the recipient's organization. The recipient <br /> shall submit a completed copy of the annual Federal Financial Report (FFR), Standard Form 425 <br /> (SF -425, to report the status of funds for this agreement. The first report will cover from date of <br /> award to December 31, 2012. The forms and instructions may be downloaded at: <br /> http: / /www. forms. gov/ bgfPortal /docSearch.do;jsessionid =l A3CDC 5B 1.5C0C19C953D20FA58 <br /> A2831 F ?b1d =56 &dsType = sdAB &ald— + &abType =A. <br /> 2. The reporting period for annual reports is January 1 though December 31, and will <br /> continue through the life of the agreement. <br /> 3. The report(s) shall be sent to the GMO and are due 90 calendar days after the end of <br /> the reporting period. The recipient will report program outlays and program income on a cash <br /> basis. However, if the recipient organization's accounting records are normally kept on an <br /> accrual basis, the recipient may report outlays on that basis. <br /> 4. In addition to the SF -425, the recipient shall include detailed information of costs, <br /> by budget categories that reflects the approved SF 424A, Budget information. This may include <br /> a brief narrative describing the grant activities in direct support of funds draw down. <br /> 5. A copy of the final FFR. is due to the GMO no later than 90 calendar days after the <br /> expiration or termination of this agreement. <br /> 6. Recipients who are placed on agency review, shall submit a copy of the SF -425, <br /> Federal Financial Report, to report the status of funds for each payment requested before <br /> reimbursement payments are made. In addition include detailed information of costs, by budget <br /> categories that reflects the approved SF 424A, Budget Information. This does not relieve the <br /> recipient of the quarterly FFR requirement unless reimbursement is only requested on a quarterly <br /> basis. <br /> 7. The GMO may review the report for pattems of cash expenditures, including <br /> accelerated or delayed drawdowns, and to assess whether performance or financial management <br /> problems exist. Before submitting F.E'Rs to the GMO, grantees must ensure that the information <br /> submitted is accurate, complete, and consistent with the grantee's accounting system. The <br /> recipient's Authorized Certifying Official's signature on the FFR certifies that the information in <br /> the FFR is correct and complete and that all outlays and obligations are for the purposes set forth <br />