ITB 17-05-01 Landscape Maintenance Services

Home Browse Search

City of Sunny Isles Beach | Invitation to Bid No. 17‐05‐01 101 staff seasonally, and, if so, how will you do so in order to meet demands of the Performance Standards & Technical Specifications? Contractor shall closely evaluate the City’s minimum manpower requirements defined in the Performance Standards and make recommendation if minimum specified manpower is sufficient and, if not, how many personnel do they recommend. The Contractor’s recommendation will be taken into consideration in Bid evaluation. G. Financial Status 1. Attach a professionally prepared financial statement with the City’s ability to audit upon request, including Contractor’s latest balance sheet and income statement showing the following items: a. Current assets, i.e. cash, joint venture account, accounts receivable, notes receivable, accrued income, deposits, materials inventory, and prepaid expenses. b. Net fixed assets. c. Other assets. d. Current liabilities, i.e. accounts payable, notes payable, accrued expenses, provision for income taxes, advances, accrued salaries, and accrued payroll taxes, e. Other liabilities, i.e., capital, capital stock, authorized and outstanding shares per values, earned surplus, and retained earnings, and f. Name of firm preparing financial statement and date thereof 2. Bankruptcies: a. Has the Contractor, or any of its parents or subsidiaries, ever had a Bankruptcy Petition filed in its name, voluntarily or involuntarily? (If yes, specify date, circumstances, and resolution). b. Has any Majority Shareholder ever had a Bankruptcy Petition filed in his/her name, voluntarily or involuntarily? (If yes, specify date, circumstances, and resolution). c. Loans: Is this Contractor in default on any loan agreement or financing agreement with any bank, financial institution, or other entity? (If yes, specify details, circumstances, and prospects for resolution).