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The document is a Federal Financial Report (Standard Form 425) used by recipients of federal grants to report financial information, including cash receipts, disbursements, expenditures, and program income. It requires details about the recipient organization, grant period, accounting basis, and certification of accuracy by an authorized official. The form also includes a section for remarks and compliance with federal regulations.

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What is hud sf-425?

is a required Office of Management and Budget (OMB) financial reporting form to track the status of financial data tied to a particular Federal grant award. Captures the obligations and disbursements that occurred during the grant period not just the quarter being reported.

What is the purpose of the SF 424?

The SF-424: Application for Federal Assistance is a standard form that provides basic information to the federal government on grant applicants. To be eligible for State Digital Equity Capacity Grant Program funding, all recipients must complete and submit an SF-424.

Who completes SF 425?

Grantees are required by the HUD grant agreement to submit a FFR/SF-425. Due no later than 30 calendar days after the last day of a calendar year quarter. Submit every quarter, regardless of whether expenses were included or not, once the project has begun.

What is an unliquidated obligation under SF 425?

The term SF‐425 is used interchangeably with FFR. Unliquidated Obligation: Debt that has been incurred for the grant, but not yet paid out. On a cash basis, obligations are incurred but not yet paid.

Who submits SF-425?

An awardee is required to submit an SF-425 for every quarter, regardless of whether expenses were incurred or not, once the project has begun. Even if expenses have not been incurred during the quarter, the awardee must report the cumulative amount of expenses to date.

What is Form 425 used for?

What Is SEC Form 425? SEC Form 425 is the prospectus document companies must file to disclose information about their business combinations. A business combination may refer to a merger between two or more companies, or a consolidation.

What is the SF-425 form?

SF-425 is a standard form that recipients of federal funds under COPS Office grant programs (grantees) must use to report cumulative expenses incurred under each award. Grantees must submit one SF-425 per grant number every quarter. Financial reports are submitted in JustGrants.

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