Boiler and Domestic Hot Water Replacements at Fallings Park Fire Station and Walsall Fire Station

Bidders are required to self-declare that they meet the minimum financial threshold. Bidders that do not have the minimum annual turnover as shown below may fail this question (based on an average of the last 2 years). Lot 1: Fallings Park - £130,000.00 Lot 2: Walsall - £120,000.00 Bidders that do not achieve a ‘Moderate risk rating from Creditsafe, the independent third party used by the Authority may fail this question and may be excluded from this tender. Information of Creditsafe’s credit scores can be found at https://www.creditsafe.com/gb/en.html To measure the financial risk the Authority will assess: If income exceeds expenditure, score = Pass (based on audited accounts* for the last 2 years) If the Current Ratio = Current Assets/Current Liabilities is more than 1, score = Pass (based on audited accounts* for the last 2 years) *Accounts filed with Companies House