Financial Capacity definition

Financial Capacity shall have the meaning ascribed to the term in the Bid Document;

Financial Capacity means the ability of a public water system to acquire and manage sufficient financial resources for the system to achieve and maintain compliance with the federal Safe Drinking Water Act.

Financial Capacity means the prescribed average gross annual revenues for the last 3 (three) financial years immediately preceding the Application Due Date or the prescribed Net Worth of the Applicant at the close of the financial year immediately preceding the Application Due Date;

Examples of Financial Capacity in a sentence

• The following information shall remain confidential and will not be released: (1) Proposal Form(s), except for cost category subtotals which will be transferred to the Best Value Rating Form; (2) Financial Capacity; and (3) Bonding/Insurance.

• The documents that may be requested by the EU Validation Services are listed in the EU Grants and Tenders Rules on Legal Entity Validation, LEAR appointment and Financial Capacity assessment.

• The letter of support must also be accompanied by the Financial Capacity Check form completed by the party providing support, including the relevant annexes (financial statements for the last year) and showing a 'satisfactory' or 'good' ratio analysis.

• The bidders shall have to meet all the minimum criteria regarding: 1) Financial Capacity (Bank Solvency Certificate)2) Technical Capability comprising of personnel & equipment capability3) Experience / Credential The eligibility of a bidder will be ascertained on the basis of the document(s) in support of the minimum criteria as mentioned in (1), (2) & (3) above and the declaration executed through prescribed affidavit in non-judicial stamp paper of appropriate value duly notarized.

• In the second step, evaluation of the Bidders experience comprising Technical Capacity and Financial Capacity (“Qualification Criteria”) would be undertaken as per Clause 2.1.1 of the RFP document.

More Definitions of Financial Capacity

Financial Capacity means the financial capacity and strength of the [Selected Bidder/Member(s)]1 determined in accordance with the RFP. Financial Close means, the date on which the Financing Documents become effective, the conditions precedent under the Financing Documents for disbursements are fulfilled and the Concessionaire has access to the Financial Assistance.

Financial Capacity. 1 means the capacity to fund the Work Programme (in the case of a Phase C-only Work Programme or a Landward Licence) or the proposed (re)development (in the case of a Straight-to-Second-Term Licence). It must be clearly available to the applicant at the time of application, and not be subject to uncertain future events like share issues; and

Financial Capacity means financial worthiness of Bidders as per the terms of the Bid.

Financial Capacity means the financial resources of the water system, including but not limited to revenue sufficiency and fiscal controls.

Financial Capacity means the ability of a public water supply system to acquire and manage sufficient financial resources to allow the system to achieve and maintain compliance with this article.

Financial Capacity means a public water system's ability to acquire and manage sufficient financial resources to allow the system to achieve and maintain compliance with drinking water standards found in Code of Federal Regulations, title 40, section 141.

Financial Capacity means the financial capacity and strength of the [Selected Bidder/Member(s)]1 determined in accordance with the RFP.