How to Fill Out Standard Form 428A

Standard Form 428A at a glance

What it is: STANDARD FORM 428A, the Tangible Personal Property Report, is the Annual Report that recipients of Federal financial assistance use when required to provide annual inventory listings of Federally-owned property.

A filled-in Standard Form 428A example: a grantee reports one award's property

Standard Form 428A example filled out, example: a grantee reports one award's property
Sample Grantee reports one award's Federally-owned property on the SF 428A. It holds two items on 30 September, so it ticks Individual and the 30 SEP box. The picture shows the filled first page; all its values are invented. Consolidated is left blank because the report covers one award. The second Report As Of box and its date stay empty because the award specifies no different date. The other property rows stay empty because only two items are listed. Comments is left blank because there are no special notes.

How to fill out Standard Form 428A, box by box

Federal Grant or Other Identifying Number

Enter the Federal grant number or other identifying number assigned to the Federal financial assistance award; leave it blank if submitting a Consolidated Annual Report.

1. Report Type (Choose One)

Select (a) Individual to report Federally-owned property for one award.

Select (b) Consolidated to report Federally-owned property for all awards with a Federal Organizational Element (Block 1 of the SF 428).

2. Report As Of

Report information accurate as of 30 September, unless the award specifies a different date.

Enter the appropriate month, day and year (mm/dd/yyyy).

3. Federally-owned Property

Under Federally-owned Property, provide the specified information for each item or attach an equivalent document, such as a computer print out with the required detail.

Under Description, provide a brief description of the item.

Under Identification, enter the manufacturer's serial number, model number, Federal stock number, national stock number, or other identification number.

Under Acquisition Date, for items furnished by the Federal awarding agency, enter the date received by the recipient.

Under Acquisition Cost, enter the acquisition cost.

4. Comments

Under Comments, provide any special notes or comments regarding the Federally-owned property being reported or the report itself.

For Consolidated Annual Report Attachments, use Comments to identify the award numbers applicable to the listed items or note if you are providing the required individual item information on an attached SF 428S or a computer printout.

More rules for Standard Form 428A

Recipients report Federally-owned property in their custody as of the date in Block 2, including Federally-owned items they have provided to their subrecipients or contractors.

List all items of Federally-owned property, regardless of dollar value, furnished by the Federal awarding agency for use under an assistance award.

Sources

[1] Standard Form 428A (Rev. 11/2021), Tangible Personal Property Report, Annual Report, U.S. General Services Administration (the Official source link on this page).

Sf 428 A Form PDF Details

In the realm of federal financial assistance, the accountability and tracking of federally-owned tangible personal property plays a crucial role. The SF-428 A form, known as the Tangible Personal Property Report – Annual Report, serves as a vital tool in this process. Designed for recipients of federal financial assistance, it requires an annual inventory of all federally-owned property under their custody. The form caters to both individual and consolidated reports, offering flexibility for recipients dealing with property from a single award or multiple awards within a Federal Agency Organizational Element. It captures detailed information including the description, identification numbers, acquisition date, and cost of each item. Specifically, it guides recipients to accurately report the status of these items as of September 30 or another specified date, ensuring a comprehensive snapshot of property status is available. Not only does it provide a structured format for reporting, but it also includes provisions for comments or notes regarding the property or reporting process, and the option to attach additional documentation if needed. This meticulous approach to recording and reporting underscores the importance of transparency and responsibility in the management of federal assets, facilitating effective oversight and utilization of tangible personal property.

QuestionAnswer
Form NameSf 428 A Form
Form Length2 pages
Fillable?Yes
Fillable fields58
Avg. time to fill out30 sec
Other namesYYY, SF-428S, Alternatively, subrecipients