Etenders.ge 20.01.2016
Did you know that turnover in the context of suitability assessment is used to determine capacity and not financial robustness of a particular firm?
It is important to ensure that the requested turnover was set proportionate to the size and complexity of the project. The use of specific financial amounts for turnover should be avoided as they tend to be too rigid and can be disproportionate. In order to set turnover proportionally one should consider the size of the project, delivery period as well as the fact that capacity of the firms as a rule exceeds the works (deliveries), which are actually carried out (according to our observations 1,5-2 times). Iffor example the project’s size amounts 1 million and the project should be completed in 12 months, then in the context of suitability assessment the turnover in the amount of 1 million could be reduced to 0,5 million if one considers that the capacity of the firms exceeds at twicethe works (deliveries), which are actually carried out.
