View RFQ - Loudoun Water
View RFQ - Loudoun Water
View RFQ - Loudoun Water
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<strong>Loudoun</strong> <strong>Water</strong><br />
Request for Qualifications<br />
<strong>RFQ</strong># 2013-057-220A<br />
VI. REQUIRED SUPPLEMENTAL INFORMATION<br />
Applicant shall provide additional information that demonstrates proof that Applicant<br />
has the capability and capacity to perform the Work for the Project.<br />
1. Proposer’s Financial Capacity<br />
Indicate the Proposer’s form of business, e.g., corporation, partnership, jointventure,<br />
or sole proprietor. Provide a copy of the Proposer’s latest financial<br />
statements, Standard and Poor Rating, and quarterly updates, if available. If the<br />
Proposer is a joint-venture, provide similar information for each member of the<br />
joint-venture. Disclose any unpaid judgments. Disclose any disputed or<br />
unadjudicated claims.<br />
If the Proposer is not a public company, this financial information will be held in<br />
confidence if requested as proprietary information.<br />
The Proposer (and joint-venture partners) shall provide anticipated gross<br />
monthly billings for the next twelve months for uncompleted work presently<br />
under contract, and monthly gross billings for design and construction over the<br />
past 24 months.<br />
2. Bonding Capacity<br />
Provide evidence that the Proposer’s current bonding capacity is at least as large<br />
as the estimated project budget amount and the Proposer’s current workload.<br />
This evidence may be in the form of a certification letter from a licensed bonding<br />
company (surety), or from an agent normally representing such a company.<br />
A representation of what will be required in the IFB is described below:<br />
a.)<br />
At the time of the IFB, each prequalified contractor must furnish with his<br />
Bid, a Bid Guarantee in an amount not less than five percent of the amount<br />
of his Bid.<br />
The Bid Guarantee shall be in the form of a firm commitment, such as a<br />
certified check, bank money order, or bid bond. Bid Bonds shall be<br />
executed on <strong>Loudoun</strong> <strong>Water</strong>'s recommended Bid Bond Form, by the<br />
Contractor and a corporate bonding company licensed to transact such<br />
business in the Commonwealth of Virginia and named on the current list of<br />
“Surety Companies Acceptable on Federal Bonds” as published in the<br />
Treasury Department Circular Number 570.<br />
<strong>Loudoun</strong> <strong>Water</strong> may hold as many of the Bid Guarantees as it may deem<br />
advisable until the execution and delivery of the Contract and Contract<br />
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