Public Enterprise Roads Of Serbia Tender

Tenders are invited for HEAVY MAINTENANCE (UPGRADING) OF THE STATE ROAD IIA 160 SECTION: SVILAJNAC (CRKVENAC) - MEDVEÐA (GLOGOVAC) FROM KM 44+057 TO KM 58+860 L=14.803 KM Submission of audited balance sheets or, if not required by the law of the Tenderer’s country, other financial statements acceptable to the Employer, for the last 5 (five) years to demonstrate the current soundness of the Tenderers financial position and its prospective long term profitability. In the case of JV, each partner must meet the requirement. ? Minimum average annual construction turnover of 1,100,000,000 (one billion one hundred million) RSD equivalent, calculated as total certified payments received for contracts in progress or completed, within the last 5 (five) years. In the case of JV, all partners combined must meet the requirement, the lead partner must meet 60% (sixty percent) of the requirement and each other partner must meet 30% (thirty percent) of the requirement. ? The Tenderer must demonstrate access to, or availability of, financial resources such as liquid assets, unencumbered real assets, lines of credit, and other financial means, other than any contractual advance payments to meet the following cash-flow requirement: min. 225,000,000 (two hundred twenty-five million) RSD equivalent. In the case of JV, all partners combined must meet requirement, the lead partner must meet 60% (sixty percent) of the requirement and each other partner must meet 30% (thirty percent) of the requirement.