Enabling Support Contract for Aircraft Covers and Miscellaneous Covers

Text to be corrected in the original notice: Place of text to be modified: III.2.2) Economic and financial standing Instead of: III.2.2) Economic and financial standing: Criteria regarding the economic and financial standing of economic operators (that may lead to their exclusion) Information and formalities necessary for evaluating if the requirements are met: As per Pre Qualification Questionnaire. Minimum level(s) of standards possibly required: The Authority reserves the right to exclude a potential tenderer if the estimated annual contract value is greater than 40% of potential tenderer's turnover. Criteria regarding the economic and financial standing of subcontractors (that may lead to their rejection) Information and formalities necessary for evaluating if the requirements are met: As per Pre Qualification Questionnaire. Minimum level(s) of standards possibly required: (if applicable) As per Pre Qualification Questionnaire. Read: III.2.2) Economic and financial standing: Criteria regarding the economic and financial standing of economic operators (that may lead to their exclusion) Information and formalities necessary for evaluating if the requirements are met: As per Pre Qualification Questionnaire. Minimum level(s) of standards possibly required: The Authority reserves the right to exclude a potential tenderer if the estimated annual contract value is greater than 40% of potential tenderer's turnover, except where the supplier provides, to the satisfaction of the Authority, evidence showing it has sufficient economic and financial capability, for example, such evidence may include: (1) any additional information proving it has sufficient economic and financial resources to deliver the requirement; and (2) stating if the supplier is willing to provide the Authority with an indemnity, guarantee or bank bond. A financial assessment will be undertaken on the supplier's financial status. An overall pass / fail judgement will be made after considering areas such as turnover, profit, net assets, liquidity, gearing and capacity. This assessment will include the Parent company, where applicable. An independent financial assessment obtained from a reputable credit rating organisation may be utilised as part of this process. Criteria regarding the economic and financial standing of subcontractors (that may lead to their rejection) Information and formalities necessary for evaluating if the requirements are met: As per Pre Qualification Questionnaire. Minimum level(s) of standards possibly required: (if applicable) As per Pre Qualification Questionnaire. Other additional information: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.The Authority reserves the right to amend any condition related to