Immediately. 1. Notify EOHHS when the Contractor has reason to consider insolvency or otherwise has reason to believe it or any subcontractor is other than financially sound and stable, or when financial difficulties are significant enough for the chief executive officer or chief financial officer to notify the Contractor’s board of the potential for insolvency. (Section 2.11.B)
Appears in 6 contracts
Samples: www.mass.gov, www.mass.gov, www.mass.gov
Immediately. 1. Notify CMS and EOHHS when the Contractor has reason to consider considering insolvency or otherwise has reason to believe it or any subcontractor is other than financially sound and stable, or when financial difficulties are significant enough for the chief executive officer or chief financial officer to notify the Contractor’s board of the potential for insolvency. (Section 2.11.B2.15.2)
Appears in 5 contracts
Samples: www.mass.gov, www.mass.gov, www.mass.gov