Exhibit F - Financial and Orginizational Capacity 03.07.2024.docx

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Attached to
Texas Farm Fresh Strategic Plan
Solicitation number
5510000628
Issued by
Texas

About this file

This is a Financial and Organizational Capacity exhibit from the Texas Department of Agriculture for the Texas Farm Fresh Strategic Plan contract opportunity. The exhibit serves as a qualification and compliance assessment document that respondents must complete and submit as part of their proposal. The form requires vendors to attest to their financial stability and organizational integrity through a series of declarations and certifications regarding their business history and capacity to perform contract obligations.

The exhibit contains four primary assessment areas: tax compliance history over the past three years, performance and financial history over the past five years (including unsatisfactory performance assessments, liquidated damages over $25,000, and liens or judgments over $25,000), bankruptcy proceedings over the past seven years, and financial capacity to sustain performance given Texas's standard payment terms of 30 days after invoice receipt and acceptance of goods or services. Respondents must answer yes or no to each qualification criterion, provide explanations for any affirmative responses, and sign and date the completed form with their printed name and company representation. The exhibit requires vendors to demonstrate they have sufficient resources to manage cash flow and operations despite the state's established payment timelines and procedures.

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Text version

Texas Department of Agriculture – Exhibit F Exhibit F

FINANCIAL AND ORGANIZATIONAL CAPACITY

UNDER ANY NAME OR BUSINESS ENTITY:

A. During the past three (3) years, has the Respondent failed to file or pay any tax returns required by federal, state, or local tax laws?

|_| No |_| Yes, with explanation:

B. Within the past five (5) years, has the Respondent

1) Received any formal unsatisfactory performance assessment(s) from any government entity on any contract?

|_| No |_| Yes, with explanation:

2) Had any liquidated damages assessed over $25,000?

|_| No |_| Yes, with explanation:

3) Had any liens or judgments over $25,000 filed against the company, other than UCC filings, which have not been discharged?

|_| No |_| Yes, with explanation:

C. In the last seven (7) years, has the Respondent initiated or been the subject of any bankruptcy proceedings, or is any bankruptcy proceeding pending?

|_| No |_| Yes, with explanation:

D. The State of Texas regulates the timing of payments. Payment cannot be made before goods are received or services rendered and have been accepted. The State has 30 days after receipt of a correct invoice to make payment. Earlier payment is contingent upon offering an early pay discount. Does the Respondent have sufficient resources available to perform as contracted notwithstanding the state’s payment process?

|_| Yes

SIGNATURE AND DATE

I hereby attest that all information provided is complete and accurate to the best of my knowledge.

Vendor Signature
Date
Printed Name
Company Represented

|_| No, with explanation:

Exhibit F – 03/07/2024 Page 2 of 2

File details come from the government source that posted it. Updated .