Financial Standing. The Tenderers will be qualified only if they have minimum financial capabilities as below: i) T1-Liquidity: Solvency certificate from any scheduled bank not earlier than one year before the last date of submission of tender may be included. Solvency of the amount equal to 40% of the Estimated Cost put to tender.
Appears in 7 contracts
Samples: Proposed Rate Contract for Routine Maintenance Works, Proposed Rate Contract for Routine Maintenance Works, Rate Contract