Common use of Representation Regarding Audited Financial Statement Clause in Contracts

Representation Regarding Audited Financial Statement. If this is a contract for an amount exceeding $10,000 or is for the design of a Project having an estimated Construction Cost exceeding $100,000, the House Doctor represents that it has filed prior to the execution hereof and will continue to file annually, an audited financial statement for the most recent completed fiscal year as set forth in Section 7.10.7 (Filing of Annual Statement Required) below. [M.G.L. c. 7C, s. 51 M.G.L. c. 30, s. 39R(d)]

Appears in 2 contracts

Sources: Contract for House Doctor Services, Contract for House Doctor Services