Attachment_14_-_Financial_Responsibility_Required_Documentation.pdf
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- Attached to
- GAOA Statewide Radio Infrastructure Federal contract opportunity
- Solicitation number
- 140L3624R0011
About this file
This document is the "Financial Responsibility Required Documentation" attachment for Solicitation No. 140L3623R0011 for the Keno, Kennedy, & Elevation Area Road Maintenance project.
The attachment requires the contractor to provide a letter from their bank stating: how long they have conducted business with the bank, their average account balance (provided in a general figure range), the bank's rating of the contractor based on the Risk Management Association (RMA), the extent of available credit and terms, and contact information for bank representatives. This information will be used to assess the contractor's financial responsibility to perform the contract, but will not be evaluated as part of the proposal process.
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Text version
Solicitation No: 140L3623R0011 PROJECT DESCRIPTION: Keno, Kennedy, & Elevation Area Road Maintenance
FINANCIAL RESPONSIBLITY REQUIRED DOCUMENTATION
The contractor shall attach a letter from a bank stating the following:
• How long have you been conducting business with your bank?
• Average balance (state in general terms based on the table shown below)
General Figure Range Key:
3 Figures = from $100 - $999 4 Figures = from $1,000 - $9,999 5 Figures = from $10,000 - $99,999 6 Figures = from $100,000 - $999,000 7 Figures = from $1,000,000 - $9,999,000 8 Figures = from $10,000,000 - $99,999,999 9 Figures = from $100,000,000 - $999,000,000
• Bank’s rating of the contractor as a customer based on the Risk Management Association (RMA).
• Extent of credit available and terms of availability
• Name and telephone number and/or email address of person(s) at bank who can be contacted by BLM evaluators.
The above information may be used to supplement the determination of contractor responsibility as defined in FAR 9.1. This information will not be evaluated as part of the evaluation process but will only be utilized in the determination of adequate financial resources to perform the contract or the ability to obtain them to establish contractor responsibility.
FINANCIAL RESPONSIBLITY REQUIRED DOCUMENTATION
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