Hackney Schools Cleaning Framework

The Council will review the Bidder’s financial standing using Dun & Bradstreet (D&B) checks and the last two years of audited accounts (or equivalent statutory financial statements). If the D&B check identifies a moderate or high financial risk, the Council will request additional financial information to further assess viability. This may include recent management accounts, a 12-month cash flow forecast, evidence of financing facilities, confirmation of any Parent Company Guarantee, and explanation of any recent losses and recovery plans. The Council will rely on your submitted accounts, including indicators such as liquidity ratios to assess your organisation's overall financial resilience.. Where, after review of this information, the Council considers that there remains a material risk in relation to a Bidder's financial capacity to perform the contract the Bidder will be deemed not financially viable for the contract and excluded from the procurement process. In addition tenders must have an annual turnover of at least £10 million per annum as a condition of participation. The awarded provider will be required to have the following insurance: Public Liability Insurance - 10 million per claim Employers Insurance - 5 million per claim. See tender documents for more information.

See Procurement Specific Questionnaire for more information

Tenderers will be required to demonstrate sufficient technical experience and capacity to deliver the contract. Tenderers will be required to have admitted body status (ABS) successful applications with LGPS pension schemes or the proven ability to achieve it by contract start. See tender documents for more information.