Financial Capability definition

Financial Capability means financial worthiness of Bidders as per the terms of the Tender.

Financial Capability means evidence of the financial strength of the applicant to construct, maintain, operate, decommission and reclaim the facility.

Financial Capability means the dollar threshold on the maximum amount of a project rating, which may be assigned by the Department pursuant to N.J.A.C. 16:44-3.6 upon examination of the contractor's Questionnaire and financial statement in accordance with this chapter.

Examples of Financial Capability in a sentence

• Financial position and prospective long-term profitability of the Single Tenderer, and in the case the Tenderer is a JV, of each member of the JV, shall remain sound according to criteria established with respect to Financial Capability under Paragraph (i) above if all pending litigation will be resolved against the Tenderer.

• Financial position and prospective long-term profitability of the Single Tenderer, and in the case the Tenderer is a JV, of each member of the JV, shall remain sound according to criteria established with respect to Financial Capability under Paragraph (i) above if all pending litigation will be resolved against the Tenderer.

• Financial position and prospective long-term profitability of the Single Tenderer, and in the case the Tenderer is a JV, of each member of the JV, shall remain sound according to criteria established with respect to Financial Capability under Paragraph (i) above i fall pending litigation will be resolved against the Tenderer.

• Financial position and prospective long-term profitability of the Single Tenderer, and in the case the Tenderer is a JV, of each member of the JV, shall remain sound according to criteria established with respect to Financial Capability under Paragraph (i) above if all pendinglitigation will be resolved against the Tenderer.

• Financial position and prospective long-term profitability of the Single Tenderer, and in the case the Tenderer is a JV, of each member of the JV, shall remain sound according to criteria established with respect to Financial Capability under Paragraph (i) above if all pending litigation will be resolved against the Tenderer.Tenderer shall provide information on pending litigations in the appropriate form.

More Definitions of Financial Capability

Financial Capability means the knowledge, ability and opportunity to make sound money management choices;

Financial Capability. The documentary proof in form of accredited bank statement and third party financial reports to verify the liquid assets / credit facilities per lot is: Sr. Lot Number Minimum Liquid Assets # or Credit Facilities (In Pak Rupees) 1. Operational Service Xxxxx 000 Xxxxxxx Xxxxxxxxx (XXX) of Passive Datacenter Equipment and Additional Power Components 2. Warranty Renewal of 2x Load 100 Million Balancers

Financial Capability. The bidder shall submit certified financial statements or other credible documentary evidence acceptable to Employer for each of the 5 (five) past years showing average annual turnover greater or equal to US$ 7 500 000 (seven million five hundred US Dollars). The average turnover shall be calculated as total certified payments received for contracts in progress or completed. Local bidders should submit documentary evidence of not having deferred debts to Tax authorities. Financial resources: The Bidder must demonstrate access to, or availability of, financial resources such as liquid assets, unencumbered real assets, lines of credit, and other financial means, other than any contractual advance payments to meet the following cash- flow requirement: at least US $1 000 000 (one million US Dollars). General experience: Experience under contracts in the role of contractor, subcontractor, or management contractor for at least the last 5 (five) years prior to the applications submission deadline, and with activity in at least nine (9) months in each year. Specific experience: The Bidder must demonstrate participation as contractor, management contractor, or subcontractor, in at least one (1) contract within the last five (5) years since September 01st , 2011, with a value of at least 3 400 000 USD, that have been successfully and substantially completed and that are similar to the proposed Plant and Installation Services. The similarity shall be based on the physical size, complexity, methods, technology, or other characteristics as described in Section 6 (Technical Specifications and Drawings). In order to establish conformity to this requirement, the Bidder is required to submit a statement representing such contracts, and specifying the client, contract price, duration and type of goods/services provided. The bidder shall have qualified personnel for execution of the contract. Existing of non-performing contracts and litigations may lead to disqualification. Additional details are provided in the Bidding Documents.

Financial Capability means the financial resources of the water system, including but not limited to the revenue sufficiency, credit worthiness, and fiscal controls.

Financial Capability means financial worthiness of Interested Agency/ies as per the terms of the EoI.

Financial Capability means “…being able to manage money, keep track of your finances, plan ahead, choose financial products and stay informed about financial matters”, according to the Financial Services Authority, website, accessed 12th May 2007.

Financial Capability means evidence of the financial strength of the