Hawick Business Centre

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                    "minimum": "In the event that this analysis is unavailable or unsatisfactory the Council will request the following information: A copy of the organisation's audited accounts or equivalent for the most recent 2 years along with details of any significant changes since the last year end. OR A statement of the organisation's turnover profit and cash flow for the recent year of trading or where a full year trading has not been completed the same information for the period applicable. OR A statement of their organisation's cash flow forecast for the current year and a letter from the organisation's bank outlining the current cash and credit position or other alternative means of demonstrating financial standing. In the event the analysis of your financial position determines that additional measures are necessary in order to provide assurance of your financial strength you may or may not be required to provide either a Parent Company Guarantee. You will be required to complete a Parent Company Guarantee if the following is applicable: Your organisation is a private or public company and the Bidder is a subsidiary company. A Completed Parent Company Guarantee is also required for any subsidiary company members from a consortium. Should none of the above be satisfactory to the Council the Council have the right to exclude the bidder from the tender process."
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