Contractor Identity
Legal business name, DBA if any, and Employer Identification Number (EIN) or Social Security Number for sole proprietors.
Accurate statements reduce payment delays, ensure correct tax reporting, and help meet procurement and audit requirements. They create a single canonical record for the prime contractor used across invoicing, compliance checks, and subcontractor tracking.
The completed statement serves as a reference for audits, payment set-up, and downstream subcontractor reporting.
Legal business name, DBA if any, and Employer Identification Number (EIN) or Social Security Number for sole proprietors.
Primary business address, remit-to address, phone, and email for contracting and billing.
Contract number, project name, award date, and scope or line items associated with the prime contract.
Banking or ACH details if required, bonding information, and relevant insurance policy numbers.
Tax status, small-business or veteran-owned certifications, licensing numbers, and any mandatory attestations.
Authorized signer name, title, signature block, and execution date with witness or notary details if required.
| Field | Configuration |
|---|---|
| Required fields | Make legal name, EIN, and signature required |
| Authentication | Use email + SMS code for higher-assurance signers |
| Routing | Auto-route to AP and contracting officer after signature |
| Storage | Save PDF and audit trail in a secure repository |
Select a platform that supports secure e-signing, audit trails, and integrations with your procurement systems.
Ensure the chosen platform provides a verifiable audit trail, secure storage, and the integrations your back-office needs.
Complete and return upon award notification to avoid payment holdups
Provide completed statement prior to first payment application
Maintain correct TIN for year-end 1099 reporting (see IRS requirements)
Update certificates on renewal to keep coverage current
Retain executed statement through contract closeout and audit period
Contractor submits completed statement to the contracting authority for review.
Agency verifies EIN, licenses, insurance, and bonding where applicable.
Accounts Payable enters remit information and configures vendor record.
Executed statement is stored with contract records for the required retention period.
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial | No | No | No | No |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
A prime contractor provided full bond and insurance details at award
A supplier included HIPAA attestations and a BAA reference
An authorized officer such as CEO, CFO, or an individual named in a board resolution may sign to bind the entity. If an agent signs, attach written evidence of their authority.
Procurement or finance managers with delegated signing authority can sign routine onboarding statements; ensure delegation limits are documented and retained.