Common use of Fiscal Integrity Clause in Contracts

Fiscal Integrity. The Service Provider agrees that at all times during the term of the Agreement it shall employ such day-to-day fiscal and management practices that ensure the fiscal stability and viability of the Service Provider, and shall meet such criteria as the Authority may reasonably determine from time to time. Such criteria may include: a) Positive cash flow requirements; b) Adequate ratio of current assets to current liabilities; c) Access to lines of credit; d) Adequate working capital; e) Reserve funds in amounts reasonably determined by the Authority; f) Commitment and ability to use data to manage utilization and enhance alternative funding; g) Appropriate size and stability of budget, as reasonably determined by the Authority; h) Appropriate diversity in revenues and funding sources, as reasonably determined by the Authority; i) Appropriate budget development practices, as reasonably determined by the Authority; j) Appropriate cost accounting practices, and k) Appropriate contract management practices as reasonably determined by the Authority.