Attachment_6_-_Financial_Responsibility_Required_Documentation.pdf
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- Solicitation number
- 140L3623R0002
About this file
This document outlines the financial responsibility requirements for a solicitation from the Bureau of Land Management to resurface and realign roads near Bozeman, Montana. Contractors must submit a letter from their bank stating how long they have been a customer, their average account balance in general terms, the bank's risk rating of the contractor according to RMA standards, available credit terms, and contact information for a bank representative who can be verified by BLM officials. This financial information will supplement the agency's determination of contractor responsibility but will not be evaluated as part of the competitive selection process. The solicitation seeks proposals to resurface approximately 3,200 linear feet of road and construct around 2,400 linear feet of new roadway in accordance with provided technical specifications and drawings for a project located 37 miles from Bozeman on BLM land in Broadwater County, Montana.
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Solicitation No: 140L3623R0002 PROJECT DESCRIPTION: Copper City Road Resurfacing & Realignment (GAOA)
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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