Compliance requirements
The bidder must confirm that it has no overdue national or local tax debts, no active payment defaults, and that no bankruptcy, restructuring or liquidation proceedings have been initiated against it. It must also confirm that all statutory annual reports have been submitted, that the turnover of the last approved financial year was at least EUR 100,000, that equity was positive, and that it has been active in the construction sector for at least two years. In addition, the bidder must confirm that the information provided is correct and complete. As part of the reliability check, the contracting authority also checks payment defaults of board members, any bankruptcy or debt restructuring proceedings, and any significant contract breaches or other documented circumstances from the last three years that may cast doubt on the bidder’s reliability.