How do I determine whether to provide a personal or business credit score/report?

You must upload a copy of your business’ credit report showing a numerical credit score or rating, your company’s name, and the date that the credit report was prepared – no earlier than 90 calendar days prior to the opening of the bid window. If the numerical credit score or rating is generated separately from your credit report, your company’s name and the date it was prepared must be shown on the credit report and included with the numerical credit score or rating. Your business credit report must be from one of the four approved credit reporting agencies and include one of the acceptable numerical credit scores or ratings listed in the Request for Bids (RFB) Instructions.

If your business’ credit report is not available, a personal credit report for the primary business owner is acceptable. However, a personal credit report with a numerical credit score or rating is not acceptable from bidders filing a regular ‘C’ corporation tax return (Form 1120), except in cases of newly formed corporations. Please see the Required Financial Documents fact sheet for more information.