(a) Grantees under part B of title III of the Act shall submit
reports as prescribed by the Secretary.
(b) Significant developments. Grantees shall notify the Secretary of
developments that have a significant impact on the grant or subgrant
supported activities, including problems, delays, or adverse conditions
which may materially impair the ability to meet the objectives of the
project. This notification shall include a statement of the action
taken, or contemplated, and any assistance needed to resolve the
situation.