Pre-Award Information. (Xxxxxx 00, 0000 XXXX XXX) Revise this section to read: Before awarding any contract, the Contracting Agency may require one or more of these items or actions of the apparent lowest responsible bidder:
Pre-Award Information. Before Awarding any Contract, the Contracting Agency may require one or more of these items or actions of the apparent lowest responsible Bidder:
Pre-Award Information. The Offeror shall provide, upon request of the Contracting Officer, a list of present commitments, including the dollar value thereof, and name of office under which the work is being performed.
Pre-Award Information a. The Contracting Officer may conduct a pre-award survey to determine if the offeror eligible for award is responsible. To be considered responsible, the offeror must meet the following general standards:
Pre-Award Information. The offeror’s proposal shall contain the following pre-award information outlined below. The intent of the information is to demonstrate the offeror’s financial responsibility to complete work requirements as described in Section C of the RFP, Statement of Work. In addition, the offeror shall provide information about their Quality Management System (QMS). Provide a narrative description of the offeror’s financial resources to perform the requirements of this contract, as part of that narrative, please provide the following information: - Describe the offeror’s accounting system and ability to segregate accounting costs. - Describe the offeror’s process to ensure prompt payment of subcontractors and suppliers. - Describe the offeror’s ability to obtain insurance in accordance with DFARS 252.217-7012. - Describe the offeror’s current and forecast financial position, as part of that narrative, offerors should provide the following information to substantiate their short-term and long-term solvency. o Describe and provide financial statements including balance sheets, statements of income, and statements of cash flows for the three most recent completed years and the current year to date. o Provide a Financial ratio analysis, tied to the offerors financial statements. At minimum,provide the following financial ratios for the current year to date and the previous 3 completed years: Current Assets to Current Liabilities (Current) Ratio Acid Test Ratio (Quick) Ratio = (Current Assets – Inventory) / Current Liabilities Total Liabilities to Owner’s Equity Ratio - Describe the offerors ability to provide sufficient working capital to finance its operations, accounting for the standard pacing of Government financing and progress payments. - Describe the offeror’s historical, current and projected sales, as well as a narrative description of how the offeror’s current and forecast changes to sales volume will affect is short and long term solvency. - Describe the offeror’s historical, current and projected profitability, as well as a narrative description of how the offeror’s current and forecast changes to profitability will affect is short andlong term solvency. - Describe and provide current bank statements for all bank accounts under offeror control. - Describe and provide information substantiating available lines of credit, including information illustrating the existing balances and additional credit available. - Describe the offeror’s ability to obtain other l...
