What are solvency criteria?

Ok, let's put a little life to this, because the original text sounds like an instruction manual. Look:

When we talk about "solvency criteria" in public tenders, we are basically saying: "Hey, does this company really have what to fulfill or are selling smoke?" Public organizations are not dumb; They want to make sure that the company they choose will not disappear in the middle of the project or leave them brown. That is why they demand a lot of requirements, Roll "show me that you are not a financial or technical disaster."

And eye, solvency is key throughout this circus of tenders. Imagine that you are responsible for awarding a work and you play it with a company without financial muscle ... Well, you hit it safe. So these criteria are there to avoid scares and fights later.

There are three big blocks, and yes, they look like a tongue twenty, but there they go:

First, economic and financial solvency. What noses does this mean? Well, the company has to have pasta, basically. That the numbers block: balances, annual accounts, liquidity ratios, capital ... If you have no money, or bother to introduce yourself because they will throw you in the first round.

Then comes technical and professional solvency. Here the roll is "Do you know what you are doing?" They want to see experience in similar projects, qualified employees, decent machinery, not the grandfather's van. It shows that you are not a fudge and that you have the necessary equipment.

And, as if that were not enough, they also look at the organizational part. Do you have a minimum of structure? Management systems? Quality certificates? Come on, don't be absolute chaos inside. If you can't even organize your own papers, imagine getting into a public works.

In summary: If you want to catch a public contract, prepare to pass through the scanner. If you do not have clear accounts, real experience and a little order at home, or try. Fulfilling these criteria is what separates those who earn from those who stay at the door looking. So simple.