Attachment_6_-_Financial_Responsibility_Required_Documentation.pdf
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- Attached to
- GAOA SOUTH PRYOR ROADS
- Solicitation number
- 140L3626R0001
About this file
This document is a financial responsibility requirement excerpt from a Bureau of Land Management (BLM) solicitation for the GAOA Chain of Lakes Potable Water System Replacement project (Solicitation No. 140L3625R0012). Contractors are required to submit a letter from their banking institution that documents their financial capacity to perform the contract work.
The bank letter must include four specific elements: the duration of the business relationship between the contractor and the bank, the contractor's average account balance expressed using a general figure range key (ranging from 3 figures representing $100–$999 to 9 figures representing $100,000,000–$999,000,000), the extent of credit available and terms of availability, and contact information for bank personnel who can be reached by BLM evaluators. The financial documentation will not be evaluated as part of the competitive evaluation process but will be used solely to determine contractor responsibility under FAR 9.1, specifically to assess whether the contractor has adequate financial resources or the ability to obtain them to successfully perform the contract.
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Text version
Solicitation No: 140L3625R0012 PROJECT DESCRIPTION: GAOA Chain of Lakes Potable Water System Replacement
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
• 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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