Solvency and Financial Strength – Bidder [insert details]

 

 

Relevant
Organisation

Relevant
Organisation

Relevant
Organisation

Relevant
Organisation

1. PQQ Questions B2 and B3

 

 

 

 

 

Using the audited accounts, Companies House search information, Dun and Bradstreet reports, text-line information, and other appropriate information, assess the solvency and financial strength of the Bidder and Relevant Organisations to deliver the services required.   This evaluation should take into account areas including the following:

•  Key ratios

•  Liquidity Position

•  Turnover

•  Profitability

 

 

 

 

 

[Financial advisors to insert additional details as required]

 

 

 

 

 

2. PQQ Questions B4 to B8

 

 

 

 

 

Has the Relevant Organisation disclosed any contingent liabilities that would require disclosure in accordance with International Accounting Standard 10?

 

 

 

 

 

Has the Relevant Organisation disclosed any claims or litigation made against the company in the last three years?

 

 

 

 

 

Has the Relevant Organisation disclosed any changes in accounting policy since the last published accounts?

 

 

 

 

 

Has the Relevant Organisation disclosed any events to have taken place which would have required an adjustment to be made in accordance with International Accounting Standard 10?

 

 

 

 

 

Has the Relevant Organisation made any stock exchange announcement since the last published accounts?

 

 

 

 

 

3. PQQ Question B9

 

 

 

 

 

If parent company or group accounts are being relied on in the assessment of solvency and financial strength, using the audited accounts, Companies House search information, text-line information, and other appropriate information, assess the solvency and financial strength of the ultimate holding company or guarantor.   This evaluation should take into account the following:

 

 

 

 

 

[Financial advisors to insert details]

 

 

 

 

 

If a parent company or group accounts are used to perform the evaluation of solvency and financial strength, then some evidence of in principle commitment should be sought from this entity.

 

 

 

 

 

4. PQQ Question B9 (d)

 

 

 

 

 

Has the ultimate holding company or guarantor disclosed any contingent liabilities that would require disclosure in accordance with International Accounting Standard 10?

 

 

 

 

 

5. PQQ Question B10

 

 

 

 

 

Using the responses to PQQ Question C6, assess the Relevant Organisations approach on insurance matters, taking account of the following:

[Insurance advisors to insert details]

 

 

 

 

 

Results of Solvency and Financial Strength Evaluation