-For Lot 2, FIDIC Conditions of Contract for Construction for Building and Engineering Works Designed by the Employer” (Red Book First Edition 1999) published by the Federation Internationale Des Ingenieurs-Conseil (FIDIC) 

12.2. 

In order to be eligible for the award of the contract, tenderers must provide evidence that they meet the selection criteria. This must be provided by tenderers using the forms described in 12.1 above and any additional forms tenderers may wish to use. 

If a tender is submitted by a consortium, unless specified, the selection criteria will be applied to the consortium as a whole. 

12.2.1. 

## 12.2.1.1. General: 

The selection criteria for each tenderer are as follows: 

The tenderer must be a registered firm or natural person legally capable of carrying out the specified works. 

## 12.2.1.2. Economic and financial capacity of candidate: 

The tenderer must satisfy the minimum qualifications required below. In case the tenderer is a joint venture/consortium, the criteria will apply to the joint venture/consortium as a whole. In addition, leading member and the other member(s) of the joint venture/consortium must satisfy the minimum qualifications required in item 12.2.1.4 given below. 

a) Annual Turnover:  (the amount of business done in a year, incomes generated from ongoing works and incomes generated from works undertaken shall be considered as part of the turnover): 

The average annual turnover of the tenderer in the last 3 (three) financial years must be minimum of: 

EUR 4,500,000 or equivalent for Lot 1 and 

EUR 4,000,000 or equivalent for Lot 2 

This must be proven by the audited balance sheets and income statements of the tenderer for the last 3 financial years which were audited by a Certified Public (Sworn) or Chartered Accountant or approved by Tax Office and any other document necessary to prove annual turnover values of the tenderer (e.g. Cover pages of the interim payment certificates, audited reports of the Certified Public (Sworn) or Chartered Accountant showing the incomes of the tenderer from each contract in each year, documents showing the share of the tenderer in JV, etc.). The yearly income of a company coming from a project undertaken as JVs shall also be added to the turnover calculated, in proportion to the share of the particular company in JV. 

## b) Financial Resources: 

The Tenderer shall demonstrate, by a bank statement from his bank, that he has available or has access to liquid assets, lines of credit, or other financial means sufficient to meet the construction cash flow for the Contract of not less than 

EUR 2,500,000 or equivalent for Lot 1 and 

EUR 2,750,000 or equivalent for Lot 2 

The evidence shall clearly demonstrate that the financing is available for the concerned contract. 

## c) Financial Position: 

The tenderer should be in positive profit account for at least 2 of the last 3 financial years. The Audited Financial Statements (audited balance sheets and income tables or, if not required by the law of the tenderer’s country, other financial statements acceptable to the Contracting Authority) as well as the report of Certified Public (Sworn) or Chartered 

