Common use of Monthly Certified Statement Clause in Contracts

Monthly Certified Statement. By no later than the fifteenth (15th) day of the following month or the first business day after the fifteenth (15th) if it falls on a weekend or holiday the Contractor shall provide to the Authority a Monthly Certified Statement showing its Gross Receipts, and the number of dispatches to and from the Airport under the Contract for the preceding month using the form shown in Exhibit E . At any time during this Contract, the Authority may revise the Monthly Certified Statement form shown in Exhibit E of this Contract and request further activity information from the Contractor, including a level of detail equivalent to the Contractor's own general ledger delineations. The Statement shall be certified as true, accurate, and complete by an authorized representative of the Contractor. The Contracting Officer must approve any changes to the format of the Monthly Certified Statement in advance in writing. The Monthly Certified Statement shall be forwarded to the Authority at the addresses below: Certified Statement and Supporting Documentation Contracting Officer MA-230 Metropolitan Washington Airports Authority P.O. Box 17045 Washington Dulles International Airport Washington, DC 20041 Copy of Certified Statement Accounting – Revenues and Collections Manager, MA 22-A Metropolitan Washington Airports Authority 1 Aviation Circle Xxxxxx Xxxxxx Xxxxxxxxxx Xxxxxxxx Xxxxxxx Xxxxxxxxxx, XX 00000 Without waiving any other right of action available to the Authority in the event of default in payment of charges and fees hereunder, if the Contractor fails to make a payment to the Authority when due, late charges may be assessed. Late charges may consist of interest and penalties. Late charges will be assessed for each day or portion thereof that the payment is late. The interest rate shall be at the per annum rate which is four percent (4%) higher than the prime rate as published in The Wall Street Journal on the date such payment was due. In addition to interest, monthly late penalty charges at the rate of six percent (6%) per annum (or as established periodically) of the amount due will be assessed on the unpaid portion of accounts more than thirty (30) days past due. Annual Audited Financial Statements/Annual Certified Statement. Within ninety (90) days following the end of each Contract Year, the Contractor, at its own cost and expense, shall provide to the Authority audited financial statements of the revenue, expenses, and fees paid for the Flyer taxicab concession. The audit must be conducted by an independent certified public accountant (CPA). The statements must include an opinion by the independent CPA that revenue, expenses, and fees have been presented in accordance with Generally Accepted Accounting Principles (GAAP), have been audited in accordance with Generally Accepted Auditing Standards (GAAS), and are in accordance with the terms and conditions of this Contract, including the definitions of Gross Receipts, expenses, and net income in the format as set forth in the pro forma financial statement as presented in the Contractor’s Proposal. The audited financial statements shall also contain a statement of the Gross Receipts and expenses, and provide a reconciliation of all fees previously paid to the Authority during the Contract Year, by month, as shown on the books and records of the Contractor and which were used to compute the Annual Fee paid to the Authority during the Contract Year covered by the Annual Certified Statement. The Authority reserves the right to reject the Contractor's choice of independent CPA if said independent CPA does not, in the Authority's view, have the appropriate standing and reputation.

Monthly Certified Statement. By no later than the fifteenth twentieth (15th20th) day of the following month month, or the first business day after the fifteenth twentieth (15th20th) if it falls on a weekend or holiday the holiday, Contractor shall provide to the Authority a submit an itemized Monthly Certified Statement showing its Gross Receiptsto the Airports Authority, in such form and detail which the number of dispatches to and from the Airport under the Contract for the preceding month using the form shown in Exhibit E . At any time during this Contract, the Airports Authority may revise the Monthly Certified Statement form shown in Exhibit E of this Contract and request further activity information from the Contractorreasonably request, including a level of detail equivalent to the Contractor's own general ledger delineationsdelineations which (i) sets forth Contractor's entire Gross Receipts for the prior calendar month; (ii) Initial Marketing Fee or Percentage Fee payment calculation, as applicable (iii) separately identifies by category any receipts derived by Contractor which have been excluded from the computation of Gross Receipts; (iv) lists any adjustments to Gross Receipts; and (v) lists the transactions occurring during the calendar month. The Statement Statements shall be certified as true, accurate, and complete by an authorized representative of the Contractor. The Contracting Officer must approve any changes to the format of the Monthly Certified Statement in advance in writing. The Monthly Certified Statement shall be forwarded to the Airports Authority at the addresses below: Certified Statement and Supporting Documentation Contracting Officer MA-230 Office of Supply Chain Management Metropolitan Washington Airports Authority P.O. Box 17045 Washington Dulles International Airport Washington0 Xxxxxxxx Xxxxxx Xxxxxxxxxx, DC 20041 XX 00000-0000 Copy of Certified Statement Accounting – Revenues and Collections Manager, MA 22-A Metropolitan Washington Airports Authority 1 Aviation Circle 0 Xxxxxxxx Xxxxxx Xxxxxx Xxxxxxxxxx Xxxxxxxx Xxxxxxx Xxxxxxxxxx, XX 00000 00000-0000 Without waiving any other right of action available to the Airports Authority in the event of default in payment of charges and fees hereunder, if the Contractor fails to make a payment to the Airports Authority when due, late charges may be assessed. Late charges may consist of interest and penaltiespenalties at the Airports Authority’s discretion. Late charges will be assessed for each day or portion thereof that the payment is late. The interest rate shall be at the per annum rate which is four percent (4%) higher than the prime rate as published in The Wall Street Journal on the date such payment was due. In addition to interest, monthly late penalty charges at the rate of six percent (6%) per annum (or as established periodically) of the amount due will be assessed on the unpaid portion of accounts more than thirty (30) days past due. Annual Audited Financial Statements/Annual Certified Statement. Within ninety (90) days following the end of each Contract Year, the Contractor, at its own cost and expense, shall provide to the Authority audited financial statements of the revenue, expenses, and fees paid for the Flyer taxicab concession. The audit must be conducted by an independent certified public accountant (CPA). The statements must include an opinion by the independent CPA that revenue, expenses, and fees have been presented in accordance with Generally Accepted Accounting Principles (GAAP), have been audited in accordance with Generally Accepted Auditing Standards (GAAS), and are in accordance with the terms and conditions of this Contract, including the definitions of Gross Receipts, expenses, and net income in the format as set forth in the pro forma financial statement as presented in the Contractor’s Proposal. The audited financial statements shall also contain a statement of the Gross Receipts and expenses, and provide a reconciliation of all fees previously paid to the Authority during the Contract Year, by month, as shown on the books and records of the Contractor and which were used to compute the Annual Fee paid to the Authority during the Contract Year covered by the Annual Certified Statement. The Authority reserves the right to reject the Contractor's choice of independent CPA if said independent CPA does not, in the Authority's view, have the appropriate standing and reputation.

Monthly Certified Statement. By no later than the fifteenth twentieth (15th20th) day of the following month month, or the first business day after the fifteenth twentieth (15th20th) if it falls on a weekend or holiday the holiday, Contractor shall provide to the Authority a submit an itemized Monthly Certified Statement showing its Gross Receiptsto the Airports Authority, in such form and detail which the number of dispatches to and from the Airport under the Contract for the preceding month using the form shown in Exhibit E . At any time during this Contract, the Airports Authority may revise the Monthly Certified Statement form shown in Exhibit E of this Contract and request further activity information from the Contractorreasonably request, including a level of detail equivalent to the Contractor's own general ledger delineationsdelineations which (i) sets forth Contractor's entire Gross Receipts for the prior calendar month; (ii) Percentage Fee payment calculation (iii) separately identifies by category any receipts derived by Contractor which have been excluded from the computation of Gross Receipts; (iv) lists any adjustments to Gross Receipts; and, (v) lists the transactions occurring during the calendar month. The Statement Statements shall be certified as true, accurate, and complete by an authorized representative of the Contractor. The Contracting Officer must approve any changes to the format of the Monthly Certified Statement in advance in writing. The Monthly Certified Statement shall be forwarded to the Airports Authority at the addresses below: Certified Statement and Supporting Documentation Contracting Officer MA-230 Office of Supply Chain Management Metropolitan Washington Airports Authority P.O. Box 17045 Washington Dulles International Airport Washington0 Xxxxxxxx Xxxxxx Xxxxxxxxxx, DC 20041 XX 00000-0000 Copy of Certified Statement Accounting – Revenues and Collections Manager, MA 22-A Metropolitan Washington Airports Authority 1 Aviation Circle 0 Xxxxxxxx Xxxxxx Xxxxxx Xxxxxxxxxx Xxxxxxxx Xxxxxxx Xxxxxxxxxx, XX 00000 00000-0000 Without waiving any other right of action available to the Airports Authority in the event of default in payment of charges and fees hereunder, if the Contractor fails to make a payment to the Airports Authority when due, late charges may be assessed. Late charges may consist of interest and penaltiespenalties at the Airports Authority’s discretion. Late charges will be assessed for each day or portion thereof that the payment is late. The interest rate shall be at the per annum rate which is four percent (4%) higher than the prime rate as published in The Wall Street Journal on the date such payment was due. In addition to interest, monthly late penalty charges at the rate of six percent (6%) per annum (or as established periodically) of the amount due will be assessed on the unpaid portion of accounts more than thirty (30) days past due. Annual Audited Financial Statements/Annual Certified Statement. Within ninety (90) days following the end of each Contract Year, the Contractor, at its own cost and expense, shall provide to the Authority audited financial statements of the revenue, expenses, and fees paid for the Flyer taxicab concession. The audit must be conducted by an independent certified public accountant (CPA). The statements must include an opinion by the independent CPA that revenue, expenses, and fees have been presented in accordance with Generally Accepted Accounting Principles (GAAP), have been audited in accordance with Generally Accepted Auditing Standards (GAAS), and are in accordance with the terms and conditions of this Contract, including the definitions of Gross Receipts, expenses, and net income in the format as set forth in the pro forma financial statement as presented in the Contractor’s Proposal. The audited financial statements shall also contain a statement of the Gross Receipts and expenses, and provide a reconciliation of all fees previously paid to the Authority during the Contract Year, by month, as shown on the books and records of the Contractor and which were used to compute the Annual Fee paid to the Authority during the Contract Year covered by the Annual Certified Statement. The Authority reserves the right to reject the Contractor's choice of independent CPA if said independent CPA does not, in the Authority's view, have the appropriate standing and reputation.

Monthly Certified Statement. By no later than the fifteenth (15th) day of the following month month, or the first business day after the fifteenth (15th) if it falls on a weekend or holiday the holiday, Contractor shall provide to the Authority a submit an itemized Monthly Certified Statement showing its Gross Receiptsto the Airports Authority, in such form and detail which the number of dispatches to and from the Airport under the Contract for the preceding month using the form shown in Exhibit E . At any time during this Contract, the Airports Authority may revise the Monthly Certified Statement form shown in Exhibit E of this Contract and request further activity information from the Contractorreasonably request, including a level of detail equivalent to the Contractor's own general ledger delineationsdelineations which (i) sets forth the Contractor's entire Gross Receipts for the prior calendar month; (ii) Percentage Fee payment calculation (iii) separately identifies by category any receipts derived by the Contractor which have been excluded from the computation of Gross Receipts; (iv) lists any adjustments to Gross Receipts; and, (v) lists the transactions occurring during the calendar month. Additionally, the Contractor shall submit along with the Monthly Certified Statement a true and accurate monthly report of the ACDBE participation under this Contract, using the “Monthly Report Form – ACDBE Concessions Program” as shown on Exhibit D The Statement Statements and ACDBE Report shall be certified as true, accurate, and complete by an authorized representative of the Contractor. The Contracting Officer must approve any changes to the format of the Monthly Certified Statement in advance in writing. The Monthly Certified Statement shall be forwarded to the Airports Authority at the addresses below: Certified Statement and Supporting Documentation Contracting Officer MA-230 Office of Supply Chain Management Metropolitan Washington Airports Authority P.O. Box 17045 Washington Dulles International Airport Washington0 Xxxxxxxx Xxxxxx Xxxxxxxxxx, DC 20041 XX 00000-0000 Copy of Certified Statement Accounting – Revenues and Collections Manager, MA 22-A Metropolitan Washington Airports Authority 1 Aviation Circle 0 Xxxxxxxx Xxxxxx Xxxxxx Xxxxxxxxxx Xxxxxxxx Xxxxxxx Xxxxxxxxxx, XX 00000 00000-0000 Without waiving any other right of action available to the Airports Authority in the event of default in payment of charges and fees hereunder, if the Contractor fails to make a payment to the Airports Authority when due, late charges may be assessed. Late charges may consist of interest and penalties. Late charges will be assessed for each day or portion thereof that the payment is late. The interest rate shall be at the per annum rate which is four percent (4%) higher than the prime rate as published in The Wall Street Journal on the date such payment was due. In addition to interest, monthly late penalty charges at the rate of six percent (6%) per annum (or as established periodically) of the amount due will be assessed on the unpaid portion of accounts more than thirty (30) days past due. Annual Audited Financial Statements/Annual Certified Statement. Within ninety (90) days following the end of each Contract Year, the Contractor, at its own cost and expense, shall provide to the Authority audited financial statements of the revenue, expenses, and fees paid for the Flyer taxicab concession. The audit must be conducted by an independent certified public accountant (CPA). The statements must include an opinion by the independent CPA that revenue, expenses, and fees have been presented in accordance with Generally Accepted Accounting Principles (GAAP), have been audited in accordance with Generally Accepted Auditing Standards (GAAS), and are in accordance with the terms and conditions of this Contract, including the definitions of Gross Receipts, expenses, and net income in the format as set forth in the pro forma financial statement as presented in the Contractor’s Proposal. The audited financial statements shall also contain a statement of the Gross Receipts and expenses, and provide a reconciliation of all fees previously paid to the Authority during the Contract Year, by month, as shown on the books and records of the Contractor and which were used to compute the Annual Fee paid to the Authority during the Contract Year covered by the Annual Certified Statement. The Authority reserves the right to reject the Contractor's choice of independent CPA if said independent CPA does not, in the Authority's view, have the appropriate standing and reputation.

Monthly Certified Statement. By no later than the fifteenth (15th) day of the following month month, or the first business day after the fifteenth (15th) if it falls on a weekend or holiday the holiday, Contractor shall provide to the Authority a submit an itemized Monthly Certified Statement showing its Gross Receiptsto the Airports Authority, in such form and detail which the number of dispatches to and from the Airport under the Contract for the preceding month using the form shown in Exhibit E . At any time during this Contract, the Airports Authority may revise the Monthly Certified Statement form shown in Exhibit E of this Contract and request further activity information from the Contractorreasonably request, including a level of detail equivalent to the Contractor's own general ledger delineationsdelineations which (i) sets forth the Contractor's entire Gross Receipts for the prior calendar month at the Airport; (ii) Percentage Concession Fee payment calculation (iii) separately identifies by category any receipts derived by the Contractor which have been excluded from the computation of Gross Receipts; (iv) lists any adjustments to Gross Receipts; and, (v) lists the transactions occurring during the calendar month. Additionally, the Contractor shall submit along with the Monthly Certified Statement a true and accurate monthly report of the ACDBE participation under this Contract, using the “Monthly Report Form – ACDBE Concessions Program” as shown on Exhibit . The Statement Statements and ACDBE Report shall be certified as true, accurate, and complete by an authorized representative of the Contractor. The Contracting Officer must approve any changes to the format of the Monthly Certified Statement in advance in writing. The Monthly Certified Statement shall be forwarded to the Airports Authority at the addresses below: Certified Statement and Supporting Documentation Contracting Officer MA-230 Customer and Concessions Development Metropolitan Washington Airports Authority P.O. Box 17045 0 Xxxxxxxx Xxxxxx Xxxxxx Xxxxxx Washington Dulles International National Airport Washington, DC 20041 20001 Copy of Certified Statement Accounting – Revenues and Collections Manager, MA 22-A Metropolitan Washington Airports Authority 1 Aviation Circle 0 Xxxxxxxx Xxxxxx Xxxxxx Xxxxxxxxxx Xxxxxxxx Xxxxxxx XxxxxxxxxxXxxxxx Washington National Airport Washington, XX 00000 DC 20001 Without waiving any other right of action available to the Airports Authority in the event of default in payment of charges and fees hereunder, if the Contractor fails to make a payment to the Airports Authority when due, late charges may be assessed. Late charges may consist of interest and penalties. Late charges will be assessed for each day or portion thereof that the payment is late. The interest rate shall be at the per annum rate which is four percent (4%) higher than the prime rate as published in The Wall Street Journal on the date such payment was due. In addition to interest, monthly late penalty charges at the rate of six percent (6%) per annum (or as established periodically) of the amount due will be assessed on the unpaid portion of accounts more than thirty (30) days past due. Annual Audited Financial Statements/Annual Certified Statement. Within ninety (90) days following the end of each Contract Year, the Contractor, at its own cost and expense, shall provide to the Authority audited financial statements of the revenue, expenses, and fees paid for the Flyer taxicab concession. The audit must be conducted by an independent certified public accountant (CPA). The statements must include an opinion by the independent CPA that revenue, expenses, and fees have been presented in accordance with Generally Accepted Accounting Principles (GAAP), have been audited in accordance with Generally Accepted Auditing Standards (GAAS), and are in accordance with the terms and conditions of this Contract, including the definitions of Gross Receipts, expenses, and net income in the format as set forth in the pro forma financial statement as presented in the Contractor’s Proposal. The audited financial statements shall also contain a statement of the Gross Receipts and expenses, and provide a reconciliation of all fees previously paid to the Authority during the Contract Year, by month, as shown on the books and records of the Contractor and which were used to compute the Annual Fee paid to the Authority during the Contract Year covered by the Annual Certified Statement. The Authority reserves the right to reject the Contractor's choice of independent CPA if said independent CPA does not, in the Authority's view, have the appropriate standing and reputation.