This is a legal form that was released by the U.S. General Services Administration on January 1, 2014 and used country-wide. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is Form SF-1407?
A: Form SF-1407 is a document used to conduct a preaward survey of a prospective contractor's financial capability.
Q: What is the purpose of Form SF-1407?
A: The purpose of Form SF-1407 is to assess the financial capability of a prospective contractor before awarding a contract.
Q: Who uses Form SF-1407?
A: Form SF-1407 is used by government agencies or organizations that are considering awarding a contract to a prospective contractor.
Q: What information is collected on Form SF-1407?
A: Form SF-1407 collects information about the prospective contractor's financial status, including financial statements, credit and payment history, and financial ratios.
Q: Why is a preaward survey of financial capability important?
A: A preaward survey of financial capability helps ensure that a prospective contractor has the financial resources to perform the contract and meet its financial obligations.
Q: Is Form SF-1407 mandatory?
A: Form SF-1407 is not mandatory, but it is commonly used by government agencies to assess the financial capability of prospective contractors before awarding contracts.
Form Details:
Download a fillable version of Form SF-1407 by clicking the link below or browse more documents and templates provided by the U.S. General Services Administration.