resources, in term of at least his latest years working capital and line of credits, will be adequate to cover an amount equivalent to his bid price and current work commitments i.e. [Working capital + Project specific lines of credit*– current contract commitments] > Working capital is the difference between current assets and current liabilities and measures the firm’s ability to generate cash in the short term.” *Any line of credit indicated for this (tendered) project to have been certified by the Bank and the said certificate is enclosed with this Appendix. Only that Credit line Certificate shall be considered which shall be issued within Six (06) months of the date of submission of Bid. AVERAGE ANNUAL CONSTRUCTION TURNOVER Bidders’ to list their certified yearly Criteria turnover for last 3 years Minimum average annual construction turnover of as per IFB Pak Rupees 06 Million Calculated as total certified payments received for contracts in progress or completed, within the last 3 years. (Audit Reports are must to be provided). At the of financial evaluation, the consideration of award of more than Note: one work to a firm will be subjected to its financial capacity. SCHEDULE C TO BID – (INTEGRITY PACT) DECLARATION OF FEES, COMMISSION AND BROKERAGE ETC. PAYABLE BY THE SUPPLIERS OF GOODS, SERVICES & WORKS IN CONTRACTS WORTH RS. 10.00 MILLION OR MORE Contract No.________________ Dated __________________ Contract Value: ________________ Contract Title: _________________ [name of Supplier] hereby declares that it has not obtained or …………………………………
resources, in term of at least his latest years working capital and line of credits, will be adequate to cover an amount equivalent to his bid price and current work commitments i.e. [Working capital + Project specific lines of credit*– current contract commitments] > Working capital is the difference between current assets and current liabilities and measures the firm’s ability to generate cash in the short term.” *Any line of credit indicated for this (tendered) project to have been certified by the Bank and the said certificate is enclosed with this Appendix. Only that Credit line Certificate shall be considered which shall be issued within Six (06) months of the date of submission of Bid. AVERAGE ANNUAL CONSTRUCTION TURNOVER Criteria Bidders’ to list their certified yearly turnover for last 3 years Minimum average annual construction turnover of as per IFB Pak Rupees 06 Million Calculated as total certified payments received for contracts in progress or completed, within the last 3 years. (Audit Reports are must to be provided). Note: At the of financial evaluation, the consideration of award of more than one work to a firm will be subjected to its financial capacity. SCHEDULE – C TO BID (INTEGRITY PACT) DECLARATION OF FEES, COMMISSION AND BROKERAGE ETC. PAYABLE BY THE SUPPLIERS OF GOODS, SERVICES & WORKS IN CONTRACTS WORTH RS. 10.00 MILLION OR MORE Contract No.________________ Dated __________________ Contract Value: ________________ Contract Title: _________________ ………………………………… [name of Supplier] hereby declares that it has not obtained or