Upon request by the department an applicant for prequalification shall authorize the department to obtain any information pertinent to the application, including information relating to the applicant’s net worth, assets, and liabilities, from banks or other financial institutions, surety companies, and material and equipment suppliers.

Terms Used In Washington Code 47.60.710

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.