(a) This section applies to the reports required under--
(1) 2 CFR 200.327 (Financial reporting); and
(2) 2 CFR 200.328 (Monitoring and reporting program performance).
(b) A grantee shall submit these reports annually, unless the Secretary allows less frequent reporting.
(c) The Secretary may require a grantee to report more frequently than annually, as authorized under 2 CFR 200.207, Specific conditions, and may impose high-risk conditions in appropriate circumstances under 2 CFR 3474.10. (Authority: 20 U.S.C. 1221e-3 and 3474) [79 FR 76093, Dec. 19, 2014] Sec. 75.721 [Reserved]
Records
Cross Reference: See 2 CFR 200.333-200.337, which follow the undesignated center heading ``Record Retention and Access.''