The Provision of a Digital Expert Programme

In order to pass the Financial Check section of the contract, it is mandatory for companies to attain the undernoted:-

On receipt of the bids a list of Bidders will be assessed by Finance as follows.

Service Providers must comply with the undernoted financial requirements in order to participate in the tendering process:-

There is a minimum financial requirement that affects trading performance and

balance sheet strength. Financial requirements for trading performance and

balance sheet strength should be calculated on latest filed accounts with Companies

House.

Trading Performance:

An overall positive outcome on EBITDA profits over a 3 year period.

Exceptional items can be excluded from the calculation.

The above would be expressed in the ratio EBITDA/Turnover

Balance Sheet strength:

Net worth of the organisation must be positive at the time of evaluation and

organisation must not be subject to an insolvency process.

Intangibles can be included for purposes of the Total Assets figure.

The above would be expressed in the ratio Total Assets/Total Liabilities

Companies(Service Providers) that are only required to file abbreviated accounts,

must submit full sets of accounts for the last two individual years filed, in order for the three year profitability requirement to be verified.

An applicant(Service Provider should have no outstanding issues, with regard to

statutory filing requirements with Companies House.

Applicants who have been trading for less than the 3 years note…

List and brief description of selection criteria

Please refer to Document 2 - SPD Experience Question Template-Q4.C.1.2 - Technical & Professional Ability GCC006157CPU of which Bidders MUST answer both questions.

This section has a weighted scored of 100%. Each question/example contained within this section will be given individual scores which total to 100%.

4C.1 SPD Question

Please provide relevant examples of services carried out in the past three years as specified in the Contract Notice. (Examples from both public and/or private sector customers and clients may be provided).

Example 1 50%

Example 2 50%

A minimum pass mark of 60 out of 100 is required overall for this question. Any Bidder who fails to achieve the minimum score for this question will be excluded at this stage.