Economic and financial standing Sample Clauses

Economic and financial standing. Minimum level(s) of standards possibly required Tenderers must confirm that they already have or can commit to obtain, prior to the commencement of the contract, the levels of insurance cover indicated below, it should be noted that CFL will require copies of insurance certificates: Professional Risk Indemnity: GBP 5m for each claim Employer's (Compulsory) Liability: GBP 5m for each claim Public Liability: GBP 5m for each claim Product Liability: GBP 5m for each claim Tenderers must provide ratios based on the previous full financial year. 1- Return on Capital Employed: must be at a ratio greater than “0” 2- Acid Test (Current Ratio): Current Ratio must be greater than “1” 3- Gearing: Gearing must be a figure of less than 100% 4- Interest Coverage: Interest Coverage must be a figure of 2 or above

Economic and financial standing. List and brief description of selection criteria HTE may request such information as may be requested pursuant to Regulation 58 of the Public Contracts Regulations 2015. Details are provided in the Pre-Qualification Questionnaire.

Economic and financial standing. List and brief description of selection criteria The relevant selection criteria will be included in the SPD Scotland module. Minimum level(s) of standards possibly required The relevant selection criteria will be included in the SPD Scotland module.

Economic and financial standing. List and brief description of selection criteria Relevant selection criteria will be included in the SPD Scotland module

Economic and financial standing. List and brief description of selection criteria It is a requirement of this Contract that Tenderers hold, or can commit to obtain prior to the commence of any subsequently awarded Contract, indicated below: SPD Question 4B5 Insurances Employers (Compulsory) Liability Insurance = 10 million GBP in respect of each claim without limit to the number of claims. Tenderers may be required to provide their current Employers Liability Insurance certificate which should include name of the insurers, policy numbers, expiry date and limits for any one incident and annual aggregate caps and the excesses under the policies. Public Liability Insurance = 5 million GBP in respect of each claim without limit to the number of claims. Tenderers may be required to provide a copy of their current Public Liability Insurance certificate. Product Liability Insurance = 5 million GBP in respect of each claim without limit to the number of claims. Tenderers may be required to

Economic and financial standing. List and brief description of selection criteria 1.1 - Bidders will be required to have a minimum 'general' yearly turnover of 160,000 GBP for the last two years. 1.2 - Bidders will be required to have an average yearly turnover of a minimum of 160,000 GBP for the last two years.

Economic and financial standing. To participate in the tender procedure, interested economic operators must meet the following requirements concerning their economic and financial standing: 1. The average annual turnover for the last three (3) financial years (2022, 2021, 2020) must be at least equal to two hundred thousand euro (€200.000). 2. It is understood that if the interested economic operator is a consortium of persons, it is sufficient for the above requirements to be met cumulatively by the consortium members. 3. Pursuant to the provisions of article 63 of Law 73(I)/2016, an interested economic operator may rely on the capacities of other entities, regardless of the legal connections between them. In such a case, the tenderer must be able to prove to the Contracting Authority that they shall have at their disposal the resources necessary.

Economic and financial standing. Minimum level(s) of standards possibly required -Public liability insurance with a limit of indemnity of not less than five million pounds sterling (5,000,000 GBP) in relation to any one claim or series of claims; -Employer's liability insurance with a limit of indemnity of not less than five million pounds sterling (5,000,000 GBP); -Professional indemnity insurance with a limit of indemnity of not less than one million pounds sterling (10,000,000 GBP )in relation to any one claim or series of claims; - The supplier is required to provide a minimum of 2 number of years accounts clearly showing a minimum yearly turnover of equating to approximately (2) x Estimated value of the Contract advertised.

Economic and financial standing. List and brief description of selection criteria Financial standing requirements for the Procurement are outlined within Document 1 - ITT Process Overview, Section 27.4 Financial Standing Minimum level(s) of standards possibly required Financial standing requirements for the Procurement are outlined within Document 1 - ITT Process Overview, Section 27.4 Financial Standing