Economic and financial capacity Sample Clauses

Economic and financial capacity. Evidence of economic and financial capacity shall be furnished by (one or more of) the following documents: o appropriate statements from banks or evidence of professional risk indemnity insurance; o the presentation of balance sheets or extracts from balance sheets for at least the last two years for which account have been closed, where publication of the balance sheet is required under the company law of the country in which the economic operator is established;
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Economic and financial capacity. Information and formalities necessary for evaluating if requirements are met: Evidence of economic and financial capacity shall be furnished by 1 or more of the following documents:
Economic and financial capacity. The financial capacity of the tenderers will be assessed by the following criterion: For each lot, the tenderer must have achieved an average annual turnover of at least 250.000 € for the three last accounting years (2018 and 2019 and 2020). Please complete the table provided at point 6.7.6 and annex it to the ESPD. Only at the request of the contracting authority, the tenderer will provide his approved financial statements for the last three financial years or a document listing all assets and liabilities of the enterprise. In case the enterprise has not yet published its Financial Statements, an interim balance certified true by an accountant or by a registered auditor or by the person or body with this function in the country concerned will do.
Economic and financial capacity. The tenderer shall provide evidence of its sufficient economic and financial capacity to guarantee continuous and satisfactory performance throughout the envisaged lifetime of the contract. In order to prove his/her capacity, the tenderer must comply with the following selection criterion: • The average annual turnover of the tenderer during the past 3 years must be greater than: ALBANIA Lot 1 – Albania – Mobile Office Container 100,000.00 EUR (one hundred thousand euros) Lot 2 – Albania – Toilet container 25,000.00 EUR (twenty five thousand euros) SERBIA Lot 3 – Serbia – Mobile Office Container 40,000.00 EUR (forty thousand euros) Lot 4 – Serbia – Toilet container 10,000.00 EUR (ten thousand euros) BOSNIA & HERZEGOVINA Lot 5 – Bosnia & Herzegovina – Mobile Office Container 40,000.00 EUR (forty thousand euros) Lot 6 - Bosnia & Herzegovina – Toilet container 10,000.00 EUR (ten thousand euros) REPUBLIC OF NORTH MACEDONIA Lot 7 – Republic of North Macedonia – Mobile Office Container 20,000.00 EUR (twenty thousand euros) Lot 8 - Republic of North Macedonia – Toilet container 5,000.00 EUR (five thousand euros) Evidence of that must be provided by: - a declaration of the company’s total turnover from the past three years for which accounts have been closed (information shall be provided separately for each year); the average annual turnover over the last 3 years must be greater than the amounts specified above for a given lot; If the currency of the tenderer’s accountancy is other than Euro, the equivalent will be calculated on the basis of the exchange rates applicable for the month of tender submission published by the European Commission at: xxxx://xx.xxxxxx.xx/budget/contracts_grants/info_contracts/inforeuro/inforeuro_en.cfm Frontex reserves the right to request any additional documentary evidence it deems necessary or useful in order to verify a tenderer’s economic and financial standing.
Economic and financial capacity. At the pre-qualification stage candidates will be asked to provide the following information in the submission template (see point II.1.5): A declaration indicating in euros the total annual turnover of the consultant (individual or company) dedicated to the type of services covered by this tender and in the sectors for which pre-qualification is sought, for the last 3 financial years (if the consultant has not been in business for 3 full years then provide as much history as possible). There are no exclusion criteria based on financial capacity. However the scope and geographical coverage of the framework contract finally offered will be tailored to the capabilities of the consultant based on the information provided on past assignments of a similar nature. Minimum level(s) of standards possibly required: Not applicable.
Economic and financial capacity. Tenderers must provide EIGE with sufficient poof of their financial standing, and more importantly that they have the necessary resources and financial means to carry out the work involved. The tenderer must prove they are viable for the duration of the contract. Evidence on compliance with the economic and financial capacity requirement must be provided by the following document: The tenderer which according to the law of the country in which it is established is required to publish the balance sheet shall complete and include in the offer a statement "Economic and financial capacity" as presented in the Standard submission forms. Please observe the following aspects in completing this financial statement:
Economic and financial capacity. Requirement The tenderer shall provide evidence of its sufficient economic and financial capacity to guarantee continuous and satisfactory performance throughout the envisaged lifetime of the contract. Evidence required
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Economic and financial capacity. Evidence of economic and financial capacity shall be furnished by one (or more) of the following documents: o Appropriate statements from banks or evidence of professional risk indemnity insurance; OR o The presentation of balance sheets or extracts from balance sheets for at least the last 2 (two) years for which account have been closed, where publication of the balance sheet is required under the company law of the country in which the tenderer is established; OR 11 Regulation (EU, Euratom) No 966/2012 of the European Parliament and of the Council of 25.10.2012, OJEU L 298/1 of 26.10.2012.
Economic and financial capacity. Information and formalities necessary for evaluating if requirements are met as indicated in the pre-qualification questionnaire for lot 2.
Economic and financial capacity. 1. A certificate for the annual average turnover of the last three years with a value not lower than the limit of Lek without VAT, (hereby sets the value of the Free Money Fund) issued by the Tax Administration. In the case of mergers of economic operators this criterion is met by each member of the union in proportion to the percentage of their participation in the merger.
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