Criteria Joint Venture Requirements Documentation All Each One Submission Single Entity Members No. Subject Requirement Member Member Requirements Requirements Combined 3.1 Financial (i) The Applicant shall demonstrate Must meet Must meet N/A N/A Form FIN 3.1, with – that it has access to, or has available, requirement requirement attachments Capabilities liquid assets, unencumbered real assets, lines of credit, and other financial means (independent of any contractual advance payment) sufficient to meet the cash flow requirements estimated as USD $ for the subject [insert amount in US$] contract(s) net of the Applicants other commitments. [In case the contracts are to be procured as individual contracts under a slice and package (multiple contracts) state the cash flow requirement to qualify for individual and multiple contracts.] (ii) The Applicant shall also Must meet Must meet N/A N/A demonstrate, to the satisfaction of the requirement requirement Employer, that it has adequate sources of finance to meet the cash flow requirements on contracts currently in progress and for future contract commitments. (iii) The audited balance sheets or, if Must meet N/A Must meet N/A not required by the laws of the requirement requirement Applicant’s country, other financial statements acceptable to the Employer, for the last [insert number] years shall be submitted and must
Criteria Single Entity Requirements Joint Venture Requirements Documentation No. Subject Requirement All Members Combined Each Member One Member Submission Requirements 3.1 Financial Capabilities (i) The Applicant shall demonstrate that it has access to, or has available, liquid assets, unencumbered real assets, lines of credit, and other financial means (independent of any contractual advance payment) sufficient to meet the cash flow requirements estimated as USD $ [insert amount in US$] for the subject contract(s) net of the Applicants other commitments. [In case the contracts are to be procured as individual contracts under a slice and package (multiple contracts) state the cash flow requirement to qualify for individual and multiple contracts.] (ii) The Applicant shall also demonstrate, to the satisfaction of the Employer, that it has adequate sources of finance to meet the cash flow requirements on contracts currently in progress and for future contract commitments. (iii) The audited balance sheets or, if not required by the laws of the Applicant’s country, other financial statements acceptable to the Employer, for the last [insert number] years shall be submitted and must Must meet requirement Must meet requirement Must meet requirement Must meet requirement Must meet requirement N/A N/A N/A Must meet requirement N/A N/A N/A Form FIN – 3.1, with attachments
SPD-Initial-Selection-Document-PLANT-July-2016.docx