4. Financial Qualifications

Pursuant to Rule 4.B of D.95-12-056, an applicant for a CPCN for authority to provide facilities-based local exchange service must demonstrate that it has $100,000 cash or cash equivalent to meet the firm's start-up expenses. An applicant must also demonstrate that it has sufficient additional resources to cover all deposits required by other telecommunications carriers in order to provide service in California.

In Attachment G to the application and attached to its response, BRT provided bank statements showing that $100,000 plus an amount equal to any deposits that may be required by local exchange companies would be available to BRT. BRT has therefore demonstrated that it has sufficient funds to meet its start-up expenses and any deposits that may be required by service providers, and has fulfilled this requirement.