Bidders other commitments (ii) The Bidders shall also demonstrate, to the satisfaction of the N/A Employer, that it has Must meet N/A adequate sources of requirement Must meet finance to meet the requirement 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 Must meet to the Employer, for Must meet requirement N/A the last 3 years (2015, requirement N/A 2016, 2017) shall be submitted and must demonstrate the current soundness of the Bidder’s financial position and indicate its prospective term profitability. 3.2 Minimum average Must meet Must meet Must meet 30% Must meet % Form FIN 3.2 Average Annual 60 – Construction Turnover annual construction requirement requirement of the of the turnover of MKD requirement requirement 75.000.000, calculated as total certified payments received for contracts in progress and/or completed
Bidders other commitments (ii) The Bidders shall also demonstrate, to the satisfaction of the Employer, that it 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 3 years (2015, 2016, 2017) shall be submitted and must demonstrate the current soundness of the Bidder’s financial position and indicate its prospective profitability. Must meet requirement Must meet requirement Must meet requirement N/A N/A Must meet requirement N/A N/A 3.2 Average Annual Construction Turnover Minimum average annual construction turnover of MKD 75.000.000, calculated as total certified payments received for contracts in progress and/or completed Must meet requirement Must meet requirement Must meet 30% of the requirement Must meet 60 % of the requirement Form FIN – 3.2 term
Vevchani_LRCP-117-SG-2-NCB-1_Eng_final.docx