7 CFR § 1710.301 - Financial forecasts—distribution borrowers.

---
identifier: "/us/cfr/t7/s1710.301"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "7 CFR § 1710.301 - Financial forecasts—distribution borrowers."
title_number: 7
title_name: "Agriculture"
section_number: "1710.301"
section_name: "Financial forecasts—distribution borrowers."
chapter_name: "RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE"
part_number: "1710"
part_name: "GENERAL AND PRE-LOAN POLICIES AND PROCEDURES COMMON TO ELECTRIC LOANS AND GUARANTEES"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "7 U.S.C. 901  1921  and 6941"
regulatory_source: "57 FR 1053, Jan. 9, 1992, unless otherwise noted."
cfr_part: "1710"
---


# 1710.301 Financial forecasts—distribution borrowers.

(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.

(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:

(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;

(2) Fully explain the basis for the power cost projections used. Generally, the power supplier's most recent forecasted rates shall be used; and

(3) Use RUS Form 325 or computer-generated equivalent reports.