FAR 52.247-6 - Financial Statement
From Knowledge base
Prescribed in 47.207-1(e) | ||
| Effective Date: | 1 April 1984 | |
| Clause or Provision: | Provision | |
| Provision or Clause Number: | 52.247-6 - Financial Statement | |
| Principle Type And/Or Purpose of Contract: | ||
| Required: | ||
| Applicable: | Transportation; Simplified Acquisition Procedures (Excludes Micro-Purchase) | |
| Optional: | Utility Services; Facilities; Indefinite Delivery; Dismantling, Demolition or Removal of Improvements; Leasing of Motor Vehicles; Fixed Price, Construction; Time & Material/Labor Hour; Cost Reimbursement, Construction; Fixed Price, Service; Cost Reimbursement, Supply; Cost Reimbursement, Service | |
| Subject: | ||
| ProcurementType: | ||
| Contract Threshold: | ||
| Prescription Overview: |
Prescription | |
| Clause Overview: |
Insertion RequirementAs prescribed in 47.207-1(e), insert the following provision in solicitations for transportation or for transportation-related services to ensure that offerors are prepared to furnish financial statements: ProvisionThe offeror shall, upon request, promptly furnish the Government with a current certified statement of the offeror’s financial condition and such data as the Government may request with respect to the offeror’s operations. The Government will use this information to determine the offeror’s financial responsibility and ability to perform under the contract. Failure of an offeror to comply with a request for information will subject the offer to possible rejection on responsibility grounds. | |
| Important Notes/Requirements: | ||
| Subcontract Threshold: | ||
| Incorporated by Reference: | Yes | |
| Uniform Contract Format: | L | |
| Editor: | Marshall | |
Personal notes.
