Qualification of the. Tenderer
Qualification of the. Tenderer 5.1 criteria set out in the tender documents Tenderers shall as part of their bid: (a) Submit a written power of attorney authorizing the signatory of the tender to commit the tenderer; and (b) Update any information submitted with their bids and in any case the information indicated in the schedules changes. The tenderer shall continue to meet the minimum threshold. 5.2 As a minimum, tenderers shall update the following: a) Demonstrate availability of working capital and other financial resources b) financial predictions for the current year and the two subsequent years, including the effect of known commitments c) Work commitments d) Current litigation information; and e) availability of critical equipment information: 5.3 Tenderers shall also submit proposals of work methods and schedule in sufficient detail to demonstrate the adequacy of the tenderer‘s proposals to meet the technical specifications and the completion time referred to in TDS B. Contents of Tendering Document
Qualification of the. Tenderer At the time of submission of tender A5.1 The Tenderer, to qualify for award of Contract, shall submit notarised written powers of attorney authorising the signatories of the Tender to commit the Tenderer on behalf of member of the consortium or joint venture as the case may be.
Qualification of the. Tenderer The Bank shall determine, to its satisfaction, whether the selected tenderer meets the qualifying criteria in accordance with Section- II (Para 3).
