Financial Capacity Total Credit Facility. (with financial institution and/or supplier or manufacture of fertilizer) to tune of R5 million annually OR Proof of purchase orders / Proof from the supplier/manufacturer/ department to value of R5 million annually will enable a bidder to score maximum points of 5 points per contract Between R1 Million - R2 Million = 5 points R2 million – R3 Million = 15 points R3 Million – R4 Million = 20 points R4 Million – R5 Million = 25 points Above R5 million = 30 points 30 In case of Credit Facility Evidence of credit facility with Registered Financial Institution (E.g. Letter for Intent) Or Evidence of access to any legal funding instrument. In case of Orders: For each project provide the following: Description of service provided. Project cost and duration Proof of orders issued for each project Reference letter for each project
Financial Capacity Total Credit Facility. (with financial institution and/or supplier or manufacture of feed) OR Proof of purchase orders / Proof from the supplier/manufacturer/ department will enable a bidder to score maximum points of 5 points per contract. OR Proof in terms of available funds in bank Between R500 000 – R1 Million = 10 points R1 million – R2 Million = 15 points R2 Million – R3 Million = 20 points R3 Million – R4 Million = 25 points Above R4 million = 30 points 30 In case of Credit Facility Evidence of credit facility with Registered Financial Institution (E.g. Letter for Intent) Or Evidence of credit access with a manufacturer. In case of Orders: For each project provide the following: Description of service provided. Proof of orders issued for each project AND Reference letter for each project to confirm capacity to honour financial obligations