EDA Economic Development Support: Compliance Requirements

Grantees must report GPRA performance data measuring jobs created, strategies developed, and partnerships formed. Construction awardees submit Form ED-915; non-construction awardees submit electronic questionnaires semi-annually during project activity and annually for 5 years post-completion.

Deadline: Semi-annually while grant is active, then annually for 5 years after completion

Source: EDA Managing Your EDA Grant page; 2 CFR 200.328-329

Awardee must establish and maintain financial management systems with separate accounts for each federal award, containing agency name, program name, Assistance Listing number, award ID, and pass-through entity identification. Records must track all Federal funds, authorizations, obligations, unobligated balances, assets, expenditures, income, and interest.

Deadline: Maintain continuously throughout award period and retention period

Source: 2 CFR 200.302(b)(1)-(3)

Awardee must provide accurate, current, and complete disclosure of financial results in accordance with 2 CFR 200.328 and 200.329, including deviations from approved budget or project scope.

Deadline: As required by grant agreement terms and conditions

Source: 2 CFR 200.302(b)(2); 2 CFR 200.329

Awardee must obtain prior approval from EDA before making budget and program plan revisions, including changes to project scope or project objectives.

Deadline: Request approval before implementing changes

Source: 2 CFR 200.329; EDA grant agreement terms

Real property purchased wholly or partially with grant funds requires annual status reporting to the Federal awarding agency unless the Federal interest extends 15 years or more (in which case less frequent reporting may be permitted).

Deadline: Annually, unless agency specifies otherwise for long-term interest properties

Source: 2 CFR 200, Real Property Reporting provisions; EDA construction grant requirements per 13 CFR 314.6

Projects receiving EDA funding are subject to environmental review and historic preservation compliance. Projects must demonstrate compliance with applicable environmental and historic preservation statutes and regulations.

Deadline: Prior to project completion; environmental assessments completed before commencement of ground-disturbing activities

Source: EDA grant process documentation (10 CFR, NEPA); PWEDA compliance requirements

Awardee must maintain records sufficient to permit preparation of required reports and to trace Federal funds to expenditures adequate to establish compliance with Federal statutes, regulations, and award terms.

Deadline: Maintain throughout grant period and per 2 CFR 200.333 retention requirements (typically 3 years after final expenditure)

Source: 2 CFR 200.302(a)

Property acquired or improved with grant funds for construction projects cannot be mortgaged or encumbered except to secure a grant or loan by a State, other Federal agency, or public body participating in the project, unless EDA waiver is obtained.

Deadline: Applies throughout ownership period of the property

Source: 13 CFR 314.6