Common use of Financial Control Clause in Contracts

Financial Control. Segregation of accounting costs. Adequate accounting system. Favorable cash flow-ratios. Availability of a line of credit or other source of financial income to support the work effort. Prompt payment of subcontractors and suppliers.

Appears in 6 contracts

Sources: Solicitation, Offer and Award, Contract, Solicitation, Offer and Award

Financial Control. Segregation of accounting costs. Adequate accounting system. Favorable cash flow-flow- ratios. Availability of a line of credit or other source of financial income to support the work effort. Prompt payment of subcontractors and suppliers.

Appears in 1 contract

Sources: Contract