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The following
information will enable us to give you a good assessment of an account with
the shortest delay possible. |
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1) |
The attached
Analysis Form completed. |
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2) |
Financial
Statements for the last 3-4 fiscal years prepared by an Independent
Accountant with a “Review Engagement”. If any associated Companies,
Financial Statements are also required. |
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3) |
Personal Financial
Statements of Principal Shareholders |
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4) |
Statement from
Bankers listing Line of Credit extended, amount in use, method secured and fluctuations over the last six months. |
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5) |
Attached Work in
Progress Form completed. |
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6) |
List of previous
6-10 largest jobs including: |
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Contract Price |
Estimated Profit |
Actual Final
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Completion |
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Time of Bid |
Profit
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Date |
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Contractor applying should be: |
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1) Incorporated |
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2) Have
$100,000.00 Working Capital |
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3) Have
$100,000.00 Net Worth |
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The following
information is necessary to give your client the best possible results. |
| 1.
If inventory item in current assets includes Work in Progress, obtain
breakdown between the two. |
| 2. Details
of shareholders loans receivable or amounts payable to shareholders. |
| 3. A
work history of each principal and also key employees i.e. Superintendents and
Foreman |
NOTE: Items
1, 2, 4, 5 and 6 will enable us to give a snap judgement but the balance is
necessary to give your client the best possible results.
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