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3. Certified Renovator Certification (Lead Safe Work Practices) The Applicant shall provide a copy of their certification from a training program registered with the Health Hazards Control Unit (HHCU) in the Division of Public Health. After July 31, 2010, all training providers and their renovator courses taught in North Carolina for certification purposes must be accredited by the HHCU, so any out -of -state courses and trainers will require extra review to ensure that they are accredited in North Carolina. 4. Financial Statements The Applicant shall provide the following financial information: — Recent audited or reviewed financial statements prepared by an independent certified public accountant (CPA) that shall include, at a minimum, a balance sheet, income statement (i.e., profit /loss statement) and cash flow statement and, if the audited or reviewed financial statements were prepared more than six (6) months prior to the issuance of this Invitation to Submit Applications, the Applicant shall submit its most recent internal financial statements (balance sheet, income statement and cash flow statement or budget with entries reflecting revenues and expenditures from the date of the audited or reviewed financial statements to the end of the most recent financial reporting period (i.e., the quarter or month preceding the issuance date of this Invitation to Submit Applications)) Recent compiled financial statements prepared by an independent CPA that shall include, at a minimum, a balance sheet, income statement (i.e., profit /loss statement) and cash flow statement and, if the compiled financial statements were prepared more than three (3) months prior to the issuance of this Invitation to Submit Applications, the Applicant shall submit its most recent internal financial statements (balance sheet, income statement and cash flow statement or budget with entries reflecting revenues and expenditures to date), and other evidence of financial stability such as most recently filed income tax return, evidence of a line of credit /loans /other type of financing with statement of amount in use /outstanding balance (e.g., a complete copy commitment letter, loan agreement, billing statement reflecting the line of credit or statement from lender acknowledging the commitment to fund the Applicant's stated financing), performance bond, personal guaranty with copies of personal income tax filing and statement of net worth or such other evidence that is accurate, reliable and trustworthy regarding the Applicant's financial stability. Recent shall be defined as financial statements that were prepared within the 12 months preceding the issuance date of this Invitation to Submit Applications. Consolidated financial statements of the Applicant's parent or related corporation /business entity shall not be considered, unless: (1) the Applicant's actual financial performance for the designated period is separately identified in and /or attached to the consolidated statements; (2) the parent or related corporation /business entity provides the State with a document wherein the parent or related corporation /business entity will be financially responsible for the Applicant's performance of the contract and the consolidated statement demonstrates the parent or related corporation's /business entity's financial ability to perform the contract, financial stability and /or such other financial considerations identified in the evaluation criteria; and /or (3) Applicant provides its own internally prepared financial statements and such other evidence of its own financial stability identified above. The Applicant's failure to provide any of the above - referenced financial statements or failure to submit all the requested financial statements may result in the rejection of the Applicant's response and rejection is more likely to occur if other Applicants provide financial documentation in compliance with the foregoing provisions. Applicants are also encouraged Solicitation No. 2011WXSSP Pape 14 of 53 Attachment number 1 F -4 Page 126