Common use of Financial Qualifications Clause in Contracts

Financial Qualifications. The Authority may require any Bidder to furnish all books of account, records, vouchers, statements or other information concerning the Bidder's financial status for examination as may be required by the Authority to ascertain the Bidder's responsibility. If the Bidder fails or refuses to supply any of the documents or information requested pursuant to this paragraph, the Authority may reject the bid as non-responsive.