Attachment_6_-_Financial_Responsibility_Required_Documentation.pdf

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Attached to
DEAN S. RECREATION SITE Federal contract opportunity
Solicitation number
140L3625R0001
Issued by
Department of the Interior Bureau of Land Management

About this file

This document outlines the financial responsibility documentation requirements for contractors bidding on the Dean S Recreation Site project (Solicitation No: 140L3625R0001) for the Bureau of Land Management.

Contractors must provide a bank letter containing specific information: length of banking relationship, average balance (using a provided range scale from 3 figures [$100-$999] to 9 figures [$100,000,000-$999,000,000]), the bank's RMA-based customer rating, available credit terms, and bank contact information for BLM evaluators. While this information will not be part of the evaluation process, it will be used to determine contractor responsibility under FAR 9.1 and assess if the contractor has adequate financial resources to perform the contract.

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Solicitation No: 140L3625R0001 PROJECT DESCRIPTION: Dean S Recreation Site

FINANCIAL RESPONSIBLITY REQUIRED DOCUMENTATION

The contractor shall attach a letter from a bank stating the following:

• How long have you been conducting business with your bank?

• Average balance (state in general terms based on the table shown below)

General Figure Range Key:

3 Figures = from $100 - $999 4 Figures = from $1,000 - $9,999 5 Figures = from $10,000 - $99,999 6 Figures = from $100,000 - $999,000 7 Figures = from $1,000,000 - $9,999,000 8 Figures = from $10,000,000 - $99,999,999 9 Figures = from $100,000,000 - $999,000,000

• Bank’s rating of the contractor as a customer based on the Risk Management Association (RMA).

• Extent of credit available and terms of availability

• Name and telephone number and/or email address of person(s) at bank who can be contacted by BLM evaluators.

The above information may be used to supplement the determination of contractor responsibility as defined in FAR 9.1. This information will not be evaluated as part of the evaluation process but will only be utilized in the determination of adequate financial resources to perform the contract or the ability to obtain them to establish contractor responsibility.

FINANCIAL RESPONSIBLITY REQUIRED DOCUMENTATION

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