Common use of Financial Capability Clause in Contracts

Financial Capability. i) The Tenderer shall demonstrate that it has access to, or has available, liquid assets, unencumbered real assets, lines of credit, and other financial means (independent of any contractual advance payment) sufficient to meet the supply cash flow of Kenya Shillings [or ii) Minimum average annual supply turnover of Kenya Shillings [insert amount, specify a figure about 2.5 times the total Tender price)] or equivalent calculated as total certified payments received for contracts of goods manufactured and supplied within the last [insert number of years). In case of multiple contracts, limitation will be placed on the number of item(s) that will be awarded to the Tenderer.

Financial Capability. i) The Tenderer shall demonstrate that it has access to, or has available, liquid assets, unencumbered real assets, lines of credit, and other financial means (independent means(independent of any contractual advance payment) sufficient to meet the supply cash flow of Kenya Shillings [or ii) Minimum average annual supply turnover of Kenya Shillings [insert amount, specify a figure about 2.5 times the total Tender price)] or equivalent calculated as total certified payments received for contracts of goods manufactured and supplied within the last [insert number of years). In case of multiple contracts, limitation will be placed on the number of item(s) that will be awarded to the Tenderer.

Financial Capability. i) The Tenderer shall demonstrate that it has access to, or has available, liquid assets, unencumbered real assets, lines of credit, and other financial means (independent of any contractual advance payment) sufficient to meet the supply cash flow of Kenya Shillings [oror equivalent]. ii) Minimum average annual supply turnover of Kenya Shillings [insert amount, specify a figure about 2.5 times the total Tender price)] or equivalent calculated as total certified payments received for contracts of goods manufactured and supplied within the last [insert number of years). In case of multiple contracts, limitation will be placed on the number of item(s) that will be awarded to the Tenderer.

Financial Capability. i) The Tenderer shall demonstrate that it has access to, or has available, liquid assets, unencumbered real assets, lines of credit, and other financial means (independent of any contractual advance payment) sufficient to meet the supply cash flow of Kenya Shillings [orequivalent to the contract amount . ii) Minimum average annual supply turnover of Kenya Shillings [insert amount, specify a figure shillings about 2.5 times the total Tender price)] or equivalent calculated as total certified payments received for contracts of goods manufactured and supplied within the last [insert number of years)2yrs. In case of multiple contracts, limitation will be placed on the number of item(s) that will be awarded to the Tenderer.

Financial Capability. i) The Tenderer shall demonstrate that it has access to, or has available, liquid assetsliquidassets, unencumbered real assets, lines of credit, and other financial means (independent of any contractual advance payment) sufficient to meet the supply cash flow of Kenya Shillings [or ii) Minimum average annual supply turnover of Kenya Shillings [insert amount, specify a figure about 2.5 times the total Tender price)] or equivalent calculated as total certified payments received for contracts of goods manufactured and supplied within the last [insert number of years). In case of multiple contracts, limitation will be placed on the number of item(s) that will be awarded to the Tenderer.

Financial Capability. i) The Tenderer shall demonstrate that it has access to, or has available, liquid assets, unencumbered real assets, lines of credit, and other financial means (independent of any contractual advance payment) sufficient to meet the supply cash flow of Kenya Shillings [oror equivalent]. ii) Minimum average annual supply turnover of Kenya Shillings [insert amount, specify a figure about 2.5 times the total Tender price)] 1 million or equivalent calculated as total certified payments received for contracts of goods manufactured and supplied within the last [insert number of two (2) years). In case of multiple contracts, limitation will be placed on the number of item(s) that will be awarded to the Tenderer.

Financial Capability. i) The Tenderer shall demonstrate that it has access to, or has available, liquid assets, unencumbered real assets, lines of credit, and other financial means (independent of any contractual advance payment) sufficient to meet the supply cash flow of Kenya Shillings [oror equivalent]. ii) Minimum average annual supply turnover of Kenya Shillings [insert amount, specify a figure about 2.5 times the total Tender price)] 5 million or equivalent calculated as total certified payments received for contracts of goods manufactured and supplied within the last [insert number of two (2) years). In case of multiple contracts, limitation will be placed on the number of item(s) that will be awarded to the Tenderer.

Financial Capability. i) The Tenderer shall demonstrate that it has access to, or has available, liquid assets, unencumbered real assets, lines of credit, and other financial means (independent of any contractual advance payment) sufficient to meet the supply cash flow of Kenya Shillings [orShillings ii) Minimum average annual supply turnover of Kenya Shillings [insert amount, specify a figure about 2.5 times the total Tender price)] or equivalent calculated as total certified payments received for contracts of goods manufactured and supplied within the last [insert number of years). In case of multiple contracts, limitation will be placed on the number of item(s) that will be awarded to the Tenderer.

Financial Capability. i) The Tenderer shall demonstrate that it has access to, or has available, liquid assets, unencumbered real assets, lines of credit, and other financial means (independent of any contractual advance payment) sufficient to meet the supply cash flow of Kenya Shillings [orequivalent]. ii) Minimum average annual supply turnover of Kenya Shillings [insert amount, specify a figure about 2.5 times the total Tender price)] or equivalent calculated as total certified payments received for contracts of goods manufactured and supplied within the last [insert number of years). In case of multiple contracts, limitation will be placed on the number of item(s) that will be awarded to the Tenderer.

Financial Capability. N/A i) The Tenderer shall demonstrate that it has access to, or has available, liquid assets, unencumbered real assets, lines of credit, and other financial means (independent of any contractual advance payment) sufficient to meet the supply cash flow of Kenya Shillings [orShillings ii) Minimum average annual supply turnover of Kenya Shillings [insert amount, specify a figure about 2.5 times the total Tender price)] or equivalent calculated as total certified payments received for contracts of goods manufactured and supplied within the last [insert number of years). In case of multiple contracts, limitation will be placed on the number of item(s) that will be awarded to the Tenderer.