EU solidarity with Ukraine

Call for tenders' details

Title:
Monitoring the evolution and benefits of responsible research and innovation.
Contracting authority:
European Commission, DG Research and Innovation (RTD)
TED publication date:
11/12/2013
Time limit for receipt of tenders:
17/02/2014
Status:
Closed
Status
23/01/2014
27/01/2014
English (en)
Question details
professional risk indemnity insurance
Dear Sir or Madam, Do all tenderers need to provide evidence of professional risk indemnity insurance? Or does this apply only when profit and loss accounts and balance sheets are not provided? What document will be considered as sufficient evidence of professional risk indemnity insurance?
27/01/2014
The letter and the spirit of 2012 Rules of Application (RAP) of the general budget of the European Union aim to give tenderers the widest possibility to prove their economic and financial capacity (see Article 147 - http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2012:362:FULL:EN:PDF ). Tenderers are required to prove their economic and financial capacity by providing evidence as available, depending on their legal nature and circumstances; as the Tender Specifications explain, appropriate statements from banks or, if applicable, evidence of professional risk indemnity insurance may be provided in case profit & loss account and balance sheet for the last two years are not available. We also draw your attention to the last paragraph of section 2.3.1 of the Tender Specifications: the candidate “may prove his economic and financial capacity by any other means. (…)The Commission reserves the right to request any other document enabling it to verify the tenderer's economic and financial capacity.” It will be the role of the evaluation committee to assess the tenders based on the available information and to consider other documents that the tenderer should be provided.