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Question 4B.4 - Bidders will be required to state the value for the liquidity ratio. The liquidity ratio should be equal to or greater than 0.8 Question 4B5.1 - Please confirm whether you already have or can commit to obtain, prior to the commencement of the contract, appropriate levels of insurance for this contract. Bidders that do not already have, or cannot commit to obtain insurances may be excluded from further participation in this procurement exercise. Employer's (Compulsory) Liability Insurance - 5,000,000 GBP Public Liability Insurance - Bidders should state the value that they consider to be appropriate for the contract. Professional Indemnity Insurance - Bidders should state the value that they consider to be appropriate for the contract." }, { "type": "technical", "description": "Question 4C1.2 - Bidders will be required to provide 2 examples detailed below demonstrating that they have the relevant experience to deliver the service as described in part II.2.4 of the contract Notice or the relevant section of the Site Notice. These will be evaluated on a PASS/FAIL basis. Pass equals providing 2 examples detailing relevant experience to deliver the service. Fail equals failure to provide 2 examples detailing relevant experience to deliver the service. Bidders can submit examples in a separate document to allow room to provide details of the service provided. Example 1 - Accelerators. Experience of running accelerators to support business growth and help companies to raise investment and commercialise their products/services. 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Experience in supporting businesses to identify and specify testing requirements to ensure the safety, attractiveness and effectiveness of new product concept. 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It will be for members of the consortium to sort out their respective duties and liabilities amongst each other. For administrative purposes, any associated documentation will be sent to the nominated lead organisation. 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