Contractor's Statement of Experience and Financial Condition - City of Chicago, Illinois

Contractor's Statement of Experience and Financial Condition is a legal document that was released by the Department of Procurement Services - City of Chicago, Illinois - a government authority operating within Illinois. The form may be used strictly within City of Chicago.

FAQ

Q: What is the Contractor's Statement of Experience and Financial Condition?
A: The Contractor's Statement of Experience and Financial Condition is a document required by the City of Chicago, Illinois.

Q: Who needs to submit a Contractor's Statement of Experience and Financial Condition?
A: Any contractor or construction company bidding on public projects in the City of Chicago, Illinois needs to submit this document.

Q: What is the purpose of the Contractor's Statement of Experience and Financial Condition?
A: The purpose of this document is to provide information about the contractor's previous experience and financial standing.

Q: What information is included in the Contractor's Statement of Experience and Financial Condition?
A: The document includes information such as the contractor's previous projects, qualifications, references, and financial statements.

Q: Why is the Contractor's Statement of Experience and Financial Condition important?
A: This document helps the City of Chicago evaluate the contractor's capabilities, experience, and financial stability before awarding public contracts.

Q: Is the Contractor's Statement of Experience and Financial Condition required for all construction projects in Chicago?
A: Yes, this document is required for all public construction projects in the City of Chicago, Illinois.

Q: What happens if a contractor fails to submit a Contractor's Statement of Experience and Financial Condition?
A: Failure to submit this document may result in disqualification from bidding on public projects in the City of Chicago, Illinois.