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CITY OF CHICAGO ECONOMIC DISCLOSURE STATEMENT and AFFIDAVIT Related to Contract/Amendment/Solicitation EDS # 44133SECTION I GENERAL INFORMATION A. Legal name of the Disclosing Party submitting the
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01
Gather all the necessary financial documents, such as bank statements, tax returns, and investment statements.
02
Start by providing your personal information, such as your full name, contact information, and social security number.
03
Next, disclose your sources of income, including employment, self-employment, rental income, and any other sources.
04
Provide details about your assets, such as real estate properties, vehicles, investments, and savings accounts.
05
Disclose your liabilities, including mortgages, loans, credit card debts, and any other financial obligations.
06
Make sure to accurately disclose any business interests, partnerships, or ownership in companies.
07
Finally, review the completed Economic Disclosure Statement (EDS) for accuracy and submit it according to the specified instructions.

Who needs economic disclosure statement eds?

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Financial institutions
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Government organizations
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Individuals involved in legal proceedings or disputes
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An Economic Disclosure Statement (EDS) is a formal document that provides detailed information about the financial interests, business relationships, and economic activities of individuals or entities seeking to enter into contracts or agreements with public agencies.
Individuals and entities that wish to engage in contracts, financial agreements, or other official transactions with government agencies are typically required to file an EDS.
To fill out an EDS, applicants must complete the designated form by providing detailed information regarding their business interests, ownership structures, financial activities, and any relevant relationships with public officials or agencies.
The purpose of the EDS is to promote transparency and accountability in government contracting by disclosing any potential conflicts of interest and ensuring that public resources are allocated fairly.
Individuals must report personal and business affiliations, ownership percentages, financial interests, relationships with public officials, and any other potential conflicts of interest pertinent to their business activities.
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