has adequate sources of finance to meet the cash flow requirements on works currently in progress and for future contract commitments. (iii) The audited Must meet N/A Must meet N/A balance sheets or, requirement requirement if not required by the laws of the country, Bidder’s other financial statements acceptable to the Employer, for the last five years shall be submitted and must demonstrate the current soundness of the Bidder’s financial position and indicate its prospective profitability. Note: The construction cash flow requirement should be for a number of months determined as the total time needed to pay contractor invoice by the employer. The cash flow should not normally exceed 3 months peak contract requirements and availability should be certified by Bank (Nationalized or Scheduled Bank In India) in form 3.3
has adequate sources of finance to meet the cash flow requirements on works currently in progress and for future contract commitments. (iii) The audited balance sheets or, if not required by the laws of the Bidder’s country, other financial statements acceptable to the Employer, for the last five years shall be submitted and must demonstrate the current soundness of the Bidder’s financial position and indicate its prospective profitability. Must meet requirement N/A Must meet requirement N/A Note: The construction cash flow requirement should be for a number of months determined as the total time needed to pay contractor invoice by the employer. The cash flow should not normally exceed 3 months peak contract requirements and availability should be certified by Bank (Nationalized or Scheduled Bank In India) in form 3.3
W-2%20Medium%20(single%20cover%20non-e-GP)%20NPF%20ESHS%20Version.docx