Common use of Solvency Requirements for Subcontractors Clause in Contracts

Solvency Requirements for Subcontractors. For any subcontractor at financial risk, as defined in the Substantial Financial Risk provision, or of the Risk provision found in the Definitions Section of this Contract, the Contractor shall establish, enforce and monitor solvency requirements that provide assurance of the subcontractor's ability to meet its obligations.

Appears in 1 contract

Samples: www.dshs.wa.gov

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Solvency Requirements for Subcontractors. For any subcontractor at financial risk, as defined described in the Section 8.8.3. Substantial Financial Risk provisionRisk, or of the Risk provision found in the Definitions Section of this Contract1.17. Risk, the Contractor shall establish, enforce and monitor solvency requirements that provide assurance of the subcontractor's ’s ability to meet its obligations.

Appears in 1 contract

Samples: Molina Healthcare Inc

Solvency Requirements for Subcontractors. For any subcontractor at financial risk, as defined described in the Section 7.9.3 Substantial Financial Risk provisionRisk, or of the Risk provision found in the Definitions Section of this Contract1.45, Risk, the Contractor shall establish, enforce and monitor solvency requirements that provide assurance of the subcontractor's ’s ability to meet its obligations.

Appears in 1 contract

Samples: Health Care (Molina Healthcare Inc)

Solvency Requirements for Subcontractors. For any subcontractor at financial risk, as defined in the Substantial Financial Risk provision, or of the Risk provision found in the Definitions Section of this Contract, the Contractor shall will establish, enforce and monitor solvency requirements that provide assurance of the subcontractor's ability to meet its obligations.

Appears in 1 contract

Samples: Washington Apple Health

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Solvency Requirements for Subcontractors. For any subcontractor at financial risk, as defined in the Substantial Financial Risk provision, or of the Risk provision found in the Definitions Section of this Contract, the Contractor shall establish, enforce and monitor solvency requirements that provide assurance of the subcontractor's ’s ability to meet its obligations.

Appears in 1 contract

Samples: Molina Healthcare Inc

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