Enclosure 3 Financial Capability Assessment (SEPT) 2020.pdf

FINANCIAL CAPABILITY ASSESSMENT (SEPT 2020)

For purposes of the Government making a responsibility determination, the Offeror shall submit the following Financial Capability Disclosure information, in Volume number one (1), Offer

Volume, under its own tab, in support of the Government’s financial capability assessment.

The Offeror shall demonstrate adequate financial resources to perform the prospective contract or demonstrate an ability to obtain the adequate financial resources, as required by FAR 9.104-

1(a).

The Offeror shall submit financial statements for the three most recent and complete fiscal years and the most recent interim accounting period if applicable.

The Offeror shall provide the following statements for the Offeror, and the Offeror’s parent corporation (if applicable):

• Annual Reports including audit opinions,

• Balance Sheets, Income Statements,

• Statements of Retained Earnings, and

• Statements of Cash Flows.

Offerors shall clearly label all financial statements as audited or un-audited and the date, if applicable, of any certification of the financial statements by the responsible company official;

and clearly disclose and explain all off-balance sheet arrangements and related party transactions.

If the Offeror is newly established company without financial statements, it shall provide historical tax returns and projected income statements, balance sheets and cash flows.

If a teaming arrangement, joint venture, or other business combination is contemplated, the

Offeror shall provide a copy of the teaming arrangement and shall disclose each participant’s responsibility for financial management of the venture, funding requirements, limitation of liabilities, and any other information which describes the business arrangement.

The Offeror shall submit details of both internal and external funding mechanisms, including any proposed investments, letters of commitment from investors, and available lines of credit.

The Offeror shall provide all bank term sheets or loan covenants agreements.

For Offerors with parent or holding companies, the Offeror shall include the parent company’s or holding company’s guarantee of all necessary and required resources including financing to assure the Offeror’s full, complete, and satisfactory performance of the contract.

Finally, depending upon whether the Offeror is privately or publicly-held, the Offeror’s Financial

Capability Disclosure shall also include the following additional information to support the

Government’s financial responsibility determination:

Privately-Held:

1. Certificate or Articles of Incorporation and Bylaws, including all amendments.

2. Legal entity structure, function of all divisions, subsidiaries, or affiliated entities.

3. A management and organizational chart listing executives and officers.

4. List of all options, warrants and other rights to acquire equity securities.

Publicly or Privately-Held:

1. Schedule of insurance policies in effect covering property of the Company and any other insurance policies in force.

2. Comparison of planned corporate fiscal year budget to actual (summary and detail) for last fiscal year and current fiscal year to date.

3. Capital budget.

If the Offeror proposes as a joint venture or consortium, the Offeror shall provide a Financial

Capability Disclosure for all principal member companies or organizations.

(End of Statement)