All financial and progress reports must be complete and submitted on time. Information in the reports must accurately describe award and subaward activities, including data related to the completion of individual property acquisitions. Incomplete progress reports that do not provide information on all open awards and subawards are considered late. When reports are incomplete or late, FEMA will notify the recipient of the deficiency and request that the issue be corrected following procedures in Part 8. If compliance cannot be achieved, FEMA will apply one of the remedy actions allowed in 2 Code of Federal Regulations (CFR) § 200.339. These actions may result in the reduction of assistance, the placement of special conditions upon the award and/or the suspension or termination of the award.
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