a.	Historical Financial Performance
Submission of audited financial statements or, if not required by the law of the Bidder’s country, other financial statements acceptable to the Employer, for the last three (3) years (2020, 2021, 2022) to demonstrate the current soundness of the Bidder’s financial position. As a minimum, the Bidder’s net worth calculated as the difference between total assets and total liabilities should be positive.
b.	Average Annual Construction Turnover
For Single Entities/Joint Ventures
Minimum average annual construction turnover of US$ 8,000,000.00 calculated as total certified payments received for contract in progress or completed, within the last three (3) years.
c.	Financial Resources
For Single Entities/Joint Ventures
The Bidder must demonstrate access to financial resources such as working capital of recent financial year or availability of cash in bank, approved line of credit and other financial means, other than any contractual advance payments for its current works commitment to meet a cash-flow requirement of US$ 1,000,000.00 and its current works commitment.
d.	Contracts of Similar Size and Nature
Participation as a Prime Contractor or Joint Venture Member and management contractor in at least Two (2) contractor (Contract of Similar Size and Nature) that satisfactorily completed / substantially completed during the last Seven (7) years where the value of the Bidder’s participation under each contract is at least US$ 4,500,000.00