{"data":{"id":"us/7-cfr-1710.301","jurisdiction":"us","citation":"7 CFR 1710.301","heading":"Financial forecasts—distribution borrowers.","body":"(a) Financial forecasts prepared by distribution borrowers shall cover at least a ten-year period, unless a shorter period is authorized by other RUS regulations.\n(b) In addition to the requirements set forth in § 1710.300 of this part, financial forecasts prepared by distribution borrowers in support of a loan application shall:\n(1) Include expenditures for any maintenance determined to be needed in the current system's operation and maintenance review and evaluation in order to comply with mortgage covenants and prudent utility practice;\n(2) Fully explain the basis for the power cost projections used. Generally, the power supplier's most recent forecasted rates shall be used; and\n(3) Use RUS Form 325 or computer-generated equivalent reports.","path":["Title 7—Agriculture","Subtitle B—Regulations of the Department of Agriculture","CHAPTER XVII—RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE","PART 1710—GENERAL AND PRE-LOAN POLICIES AND PROCEDURES COMMON TO ELECTRIC LOANS AND GUARANTEES","Subpart G—Long-Range Financial Forecasts"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-7.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:01Z","sha256":"160efc6726837a85bc3e07117a3b8bdfee5f151203644235954e496db2207e74","source_id":"us-cfr","stale":true,"prev":"us/7-cfr-1710.300","next":"us/7-cfr-1710.302"},"notice":"GroundRules: Original legal text. Not legal advice."}