Attachment_6_-_Financial_Responsibility_Required_Documentation.pdf
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- Attached to
- Keno, Kennedy, & Elevation Area Road Maintenance
- Solicitation number
- 140L3623R0011
About this file
This document outlines the financial responsibility requirements for a road maintenance contract solicitation. The Bureau of Land Management is seeking maintenance services for roads in the Keno, Kennedy, and Elevation areas. Bidders must include a letter from their bank stating their average account balance using the provided balance ranges, the bank's Risk Management Association rating of the bidder as a customer, available lines of credit and terms, and contact information for a bank representative who can provide additional details to the BLM for responsibility determination purposes. This financial information will supplement but not be formally evaluated as part of the bid evaluation.
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Solicitation No: 140L3623R0011 PROJECT DESCRIPTION: Keno, Kennedy, & Elevation Area Road Maintenance
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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