{
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                "name": "Daniel O'Donnell",
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                "url": "http://www.west-dunbarton.gov.uk/business/suppliers/procurement/"
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                "title": "Smollett Fountain Restoration & Lighting Project - Market research.",
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                    "description": "Economic operators may be excluded from this competition if they are in any of the situations referred to in regulation 8 and 9 of the Procurement (Scotland) Regulations 2016. If required, bidders are required to be enrolled in the relevant professional or trade registers within the country in which they are established."
                },
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                    "description": "SPD Question 4B.1.1 - The bidder should provide its yearly annual turnover for the number of financial years specified in this contract notice. SPD Question 4B.2 - In case the information concerning turnover is not available for the entire period required, please state the date on which the bidder was set up or started trading. SPD Questions 4B.5.1 and 4B.5.2 - The bidder confirms they already have or can obtain, prior to the commencement of the contract, the levels of insurance cover indicated in this contract notice.",
                    "minimum": "4B.1,& 4B.2 Turnover - Bidders must demonstrate and annual turnover for each of the two previous years of greater than two times the value of contract on offer est. 150,000.00 ,therefore a turnover of 300,000.00 GBP is required 4B.4 Ratios - a Pass in any two of the three ratios as an overall Pass for Economic and Financial standing . - (Ratio 1) Acid Test - (Current Assets-stock)/Current Liabilities. To pass the Acid Test Ratio question the bidder must have a score of greater than 1. - (Ratio 2) Return on Capital Employed %- Profit/Capital employed. To pass this question the Council require the bidder to score a positive figure/Percentage. - (Ratio 3) Current Ratio - Current Assets/Liabilities. To pass this question the Council require the bidder to achieve a score of greater than 1. WDC will use template WD09 - WDC Financial Vetting Questionnaire, it is recommended that candidates review their own ratio scores in advance of submitting their tender. In the event that a firm does not meet the financial criteria for consideration but has a parent company that does, the firm may still be eligible for consideration where their Tender Submission is supported by a Parent Company Guarantee WD04 - Parent Company Guarantee refers. Should after review of the financial evaluation of bidder fail, then the tender submission may be rejected. Insurance It is a requirement of this contract that bidders hold, or can commit to obtain prior to the commence of any subsequently awarded contract, the types and levels of insurance indicated below: Q4B.5.1a Professional Risk Indemnity Insurance - 5 million GBP Q4B5.1b Employers (Compulsory) Liability Insurance - 10 million GBP Q4B.5.2 Public Liability Insurance - 10 million GBP Documentation requested for the above insurances should include name of insurers, policy numbers, expiry date and limits of any one incident and annual aggregate caps and the excesses under the policies."
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