Common use of Financial Statement Clause in Contracts

Financial Statement. If asked by the Contracting Officer, the offeror shall provide a current statement of its financial condition, certified by a third party that includes: The Government will use this information to determine the offeror’s financial responsibility and ability to perform under the contract. Failure of an offeror to comply with a request for this information may cause the Government to determine the offeror to be nonresponsible.

Financial Statement. If asked by the Contracting Officer, the offeror shall provide a current statement of its financial condition, certified by a third party party, that includes: The Government will use this information to determine the offeror’s financial responsibility and ability to perform under the contract. Failure of an offeror to comply with a request for this information may cause the Government to determine the offeror to be nonresponsible.

Financial Statement. If asked by the Contracting Officer, the offeror shall provide a current statement of its financial condition, certified by a third party party, that includes: Income (profit-loss) Statement that shows profitability for the past three (3) years; The Government will use this information to determine the offeror’s financial responsibility and ability to perform under the contract. Failure of an offeror to comply with a request for this information may cause the Government to determine the offeror to be nonresponsible.

Financial Statement. If asked by the Contracting Officer, the offeror shall provide a current statement of its financial condition, certified by a third party party, that includes: The Government will use this information to determine the offeror’s financial responsibility and ability to perform under the contract. Failure of an offeror to comply with a request for this information may cause the Government to determine the offeror to be nonresponsible.non-responsible. SECTION M - EVALUATION FACTORS FOR AWARD

Financial Statement. If asked by the Contracting Officer, the offeror shall provide a current statement of its financial condition, certified by a third party party, that includes: Income (profit-loss) Statement that shows profitability for the past two years; The Government will use this information to determine the offeror’s financial responsibility and ability to perform under the contract. Failure of an offeror to comply with a request for this information may cause the Government to determine the offeror to be nonresponsible.