Common use of Company Background and Financial Information Clause in Contracts

Company Background and Financial Information. Seller shall provide the following details to the Authority with its Standing Quotation: 13.1 Name and address of the company / business organization. 13.2 Length and nature of business experience including without limitation experience in the performance and / or supply of the products as listed in Schedule A. 13.3 Shareholders / partners of the company / business organization. 13.4 Audited accounts/ financial statements of the Seller for the past three years. The audited accounts/ financial statements must include director’s report, auditor’s report, profit and loss statement/ statement of comprehensive income, balance sheet/ statement of financial position, statement of cash flow and notes to the accounts/ financial statements. The accounts shall be prepared on the same basis for each year in accordance with accounting principles generally accepted in the Hong Kong Special Administrative Region and the disclosure requirements of the Companies Ordinance, Cap. 622, or for overseas company the equivalent requirements of the local government. 13.5 Projected profit and loss accounts/ statement of comprehensive income and cash flow statements for the Validity Period, showing the revenue, operating expenses, capital expenditure and the sources of finance such as upfront investment and/or debt financing. 13.6 A copy of its Articles of Association or other documents evidencing its business status. 13.7 Copies of the organization’s Certificate of Incorporation with the companies registry (if incorporated)and its current business registration certificate. 13.8 Copies of all current licence(s) or permit(s) issued in favour of the Seller by the relevant authorities that are required to legally perform and / or supply the Goods (if applicable). 13.9 Documentary evidence of any agency claimed by the Seller in relation to the Goods listed in the Standing Quotation, whether on a sole or exclusive basis or otherwise.