Professional Documents
Culture Documents
Section 1.1 - Submission Requirements
Section 1.1 - Submission Requirements
TABLE OF CONTENTS
General Documents
▪ Confirming their intention to participate as a sole entity by providing a proposal for the
Infrastructure Program Phase 1 Works or their intention to participate forming a Joint Venture
(identifying the JV parties) to provide a proposal for the Infrastructure Program Phase 1 Works.
▪ Confirming their intention to comply with Infrastructure Program Phase 1 tender process
requirements.
▪ Declaring the persons (two maximum) which are authorized to be contacted and to receive
information in relation to the tender, including formal tender documents, and can be provided
invitations to register for, and access the Project virtual data room.
▪ Acknowledge that all information in relation to this RFP comprise confidential information and shall
be treated as such under the terms and conditions of this RFP.
▪ Confirm and certify that the information submitted by the Tenderer as part of its Tender
is complete and accurate in all respects.
▪ Confirm and certify that the Tenderer’s Proposal constitutes its firm, irrevocable and
unconditional offer that is binding upon the Tenderer and will remain valid for the Period
of Validity.
▪ Understand that the Employer is not obliged to accept their Tender and may at any
time reject its Tender at its sole discretion.
▪ Confirm and agree that all these Tender Documents and other data relating thereto
are currently the property of the Employer and are not to be used for any purpose other
than the preparation of the Tender and that the information contained therein is not to
be released or disclosed for any other use or purpose. This undertaking shall also apply
to any subsequent Contract, which may result from this Tender.
▪ The Tenderer acknowledges that all information in relation to this RFP comprises
confidential information and shall be treated under the terms and conditions of the
NDA and this RFP.
▪ The Tenderer shall further confirm that the Tender Clarifications (as per the Appended
form) and Tender Addenda have been taken into full account and dully provided for
within the Tender Price, Tender Schedule and in other parts of the Tender Documents.
General company profiles shall not be deemed acceptable and shall compromise evaluation of
the Tenderer’s submission.
Administrative Documents
▪ The Tenderer shall provide a copy of the valid Trade License. (Πιστοποιητικό Μητρώου
Εργοληπτικών Επιχειρήσεων).
▪ If not registered in Greece the Tenderer is to provide equivalent registration details for
their home country.
The Tenderer shall provide a copy of the Tenderer’s company articles and Memorandum of
Association, if applicable.
The Tenderer shall provide as an attachment to this Schedule a copy of the power(s) of attorney
duly authorized empowering the principal(s) to submit a binding proposal Decision of Board of
Directors.
The Tenderer shall include also a decision of the Board of Directors or other competent corporate
body of the Tenderer, which:
a) decided on the Tenderer’s participation in the Tender Process and submission of the Tender,
in accordance with the terms of this RFP;
b) agreed that the Tenderer has been apprised of the terms of this RFP and that it accepts the
terms;
c) stated that the Tenderer waives its right to claim compensation from the Employer, its
representatives, associates, employees and advisors on any ground or cause, in the context
of the Tender Process and in particular in the case of postponement, cancellation,
suspension, repetition or amendment or the Tender Process or cancellation of the outcome
of the Tender Process;
d) stated that the Tenderer accepts all responsibilities and obligations relating to any issue
deriving from its participation in the Tender Process and
e) authorized the relevant individual(s)to represent the Tenderer, to sign the Tender submittals,
including the acknowledgement letter stated above and a solemn declaration by the legal
representative of the Tenderer that the Tenderer meets the Eligibility Criteria.
The Tenderer shall provide a copy of its existing tax registration certificate.
The Tenderer shall provide a valid tax clearance form from the competent tax authority, issued on
a date after the date of publication of this RFP, confirming that the Tenderer has discharged its
obligations relating to taxation.
Where the Tenderer is a non-resident company in Greece the Tenderer shall provide its full address
in the country in which the Tenderer holds tax residency.
The Tenderer shall provide, Company financial statements for the past three (3) years
(2017,2018,2019) and the corresponding audited accounts.
In the case of a Joint Venture the documentation shall be submitted for each member of the JV
(please see section 1.2.5 below).
The Tenderer shall provide a copy of the Tenderer’s current corporate insurance certificates plus a
list of all outstanding claims from the previous three (3) years and arising under the latest policy
renewal.
The Tenderer shall provide a valid social security clearance form from the competent authority/
authorities, issued on a date after the date of publication of this RFP, confirming that the Tenderer
has discharged its obligations relating to social security.
In the case of a Joint Venture the documentation shall be submitted for each member of the JV.
− Overview of company’s activities, market sectors and related to the infrastructure works
projects;
− Key financial data (e.g. turnover from construction activities, EBITDA, Backlog, etc);
➢ management staff;
➢ engineering management;
1.2.3.1 Joint Ventures, the maximum number of entities allowed by the Employer for a JV is two (2)
(‘Joint Tenderer’ or ‘Tendering Entity”).
In the case of a Joint Tenderer, the parties shall provide certified copies of, and any relevant details
in relation to, any joint venture agreement that effect the Joint Tenderer.
A Joint Tenderer declaration stating that the joint venture members shall be jointly and severally
liable for the carrying out of the Works and all obligations under the Contract and that, in the event
that any one of the joint venture members ceases to be a member of the Joint Venture or goes
into liquidation (or an analogous proceeding), then the surviving member shall:
b) be empowered to use all resources furnished by any party in the joint venture or consortium,
and
The JV company or other legal entity shall be registered at the time of signing the Contract with
the Employer, and such a company or entity shall sign the Contract along with the Tendering Entity.
Where, at the time of submission of Tenders, a Tendering Entity has not completed the formalities of
creating the joint venture agreement and is submitting, a preliminary version of such joint venture
agreement then the Tendering Entity must submit:
▪ A binding joint bidding agreement, entered into between the parties forming the
Tendering Entity, for the purpose of pursuing the Tender, signed by their duly authorized
signatories; or
▪ Signed declarations of willingness from each of the parties forming the Tendering Entity.
▪ A table identifying:
For the avoidance of doubt, the liability of the Tendering Entity to the Employer shall be joint and
several in all aspects of the Proposal and Works.
The association agreement or the preliminary version of the joint venture agreement, as the case
may be, must nominate the lead member of the Tendering Entity (or the joint representative) and
confirm that the nominated lead member shall have full and unfettered authority to receive all
communications on behalf of the Tendering Entity and to commit and bind the members of the
Tendering Entity to the Employer.
It must be further understood that during the Tender period and for the duration of the Contract,
no alteration or modification of the terms of the association agreement or the preliminary version
of the association agreement shall be permitted without the formal written consent of the
Employer.
The Employer reserves the right to reject the preferred Tendering Entity should the joint venture
agreement or the preliminary version of the association agreement, as the case may be, not meet
the Employer ‘s satisfaction and subsequent discussions (if any) that fails to address the Employer’s
concerns.
A party to the Tendering Entity shall not be permitted to submit a Tender as an individual or as a
member of any other Tendering Entity. The Tendering Entity shall comprise from at least one (1)
member that was issued a formal Invitation to Tender.
Before entering into any Contract, the Tendering Entity shall produce satisfactory evidence to the
Employer of the Commercial Registration of the new Entity to carry on its business in accordance
with the Greek Law.
If the party constitutes (under the law of any applicable jurisdiction) a joint venture or consortium,
these entities shall:
a) Be deemed to be jointly and severally liable to the Employer for the performance of the
Contract.
Jointly and severally agree that the lead party, or the joint representative, shall have authority to
bind the parties.
a) Each of the party shall not alter its composition or legal status without the prior consent of
the Employer.
b) Ensure that the party establishes and maintains its Commercial Registration in Greece for
the duration of the Contract.
▪ An unconditional, first call bid bond at the amount of €1,000,000, addressed to the
Employer, issued by one or more Eligible Institutions (as defined below) which are
entitled to issue bonds and guarantee letters, in accordance with the law of their
country of establishment.
▪ The Tender Bond guarantees the Tenderer’s obligations emanating from the Tender and
must be valid for the whole Period of Validity of proposals, starting from the end date
for submitting Tenders.
▪ This bond will be submitted as a scanned copy and the original copy shall be submitted
separately at the same date at Hellinikon S.A. offices.
▪ The Tender Bond may be forfeited by the Employer for, inter alia, for any one of the
following reasons:
b) the Selected Tenderer having been notified by the Employer as Selected Tenderer, fails to
appear on the date and place so notified by the Employer and sign the Contract.
d) the Tenderer is in breach of any of the terms and conditions of this document.
▪ The Tender Bond shall be issued by a reputable credit institution operating lawfully in
Greece or in other member state of the European Union (EU), the European Economic
Area (EEA) or the Organization for Economic Co-operation and Development (OECD)
and any credit institution given an investment rating by Standard & Poors or Moody’s or
Fitch (the “Eligible Institution”).
In the case of a Joint Tender, the Bid Bond must be jointly issued for all members of the Joint Tender
and must contain the full name / corporate name and home address / registered offices of each
member of the Joint Tender.
The Tender Bond shall be governed by Greek law and shall be subject to the exclusive jurisdiction
of the competent Courts of Athens, Greece. By way of exception, Tender Bonds issued by an
eligible non-Greek institution, which are governed by another Country’s laws, may be provisionally
accepted in advance by the Employer following the Tenderer’s request.
Tender Bonds not issued in accordance with the terms and conditions of this subsection, shall not
be accepted and the relevant Tender will be rejected, and the Tenderer may be disqualified.
As requested below, the Tenderer shall provide details of its current and planned backlog as at the
date of the submission:
▪ Existing contracts for ongoing projects in the Greek market (with a contract value >€5
Millions);
▪ Backlog of projects that the Tenderer is awarded but are pending contract signature
or are pending Contract commencement (with a contract value >€5 Millions).
Existing Contracts
A list of current workloads for Projects with a compatible scope of work (to this of the present tender
documentation) being undertaken at present under the headings shown below.
Backlog
Projects that the Tenderer is awarded, but are pending contract signature under the headings
shown below:
The Employer, as part of the evaluation process, may verify the contents of any or all of above
documents references provided by the Tenderer and may request additional documents or data
at its discretion.
Fraudulent statements, information or references, or missing submittals as per the above may lead
to disqualification of the Tenderer.
Eligibility Criteria
Tenderers (including JVs) who meet the terms and conditions contained in this Section may
participate in the Tender Process and submit a Tender. Each Tenderer’s submittal must include all
documents specified in the RFP.
Tenderers who do not meet any of the requirements or submit false data or documents, or
inaccurate representations on these Tender matters shall be disqualified and will not be allowed to
continue to participate in the Tender Process.
1.1 Must have constructed during the last 7 years at least one (1) underground transportation
infrastructure Project (tunnel or ‘cut & cover’) of at least 500 meters in continuous length, duly
completed.
To substantiate the relevant experience the Tenderer must provide a relevant Client’s certificate
(or other formal documentation acceptable to the Employer that substantiates eligibility with
the said criterion).
1.2 Must have constructed during the last 7 years at least one (1) Infrastructure project in Greece
(as defined below), that is either completed or ongoing with a minimum certified value of at least
€200,000,000 under the relevant construction contract.
To substantiate the relevant experience the Tenderer must provide a relevant Client’s certificate
(or certifications duly issued under relevant contract as of the date of the Proposals submission).
For the purposes of this criterion such “infrastructure works” can relate to the construction of any
of the following type of works (or a combination the following types of works):
▪ Motorways
▪ Marine works
To invoke the relevant experience for a reference project of criteria 1.1 and 1.2 above a
Tenderer can be the sole contractor appointed on the reference project or a member of the
relevant JV/consortium appointed on that project having at least 50% participation share.
Note: In case of Joint Ventures (JVs) the relevant experience for each of the above criteria (1.1, 1.2)
can be satisfied by at least one member of the JV, under the condition that this member has a minimum
participation share in the JV of at least 30%.
Both JV members must meet at least one of the Eligibility Criteria
JVs can comprise a maximum of two (2) entity members.
Upon penalty of disqualification, each Tenderer must meet the following financial criteria:
2.1. Average of annual turnover of at least two hundred million euros (€200,000,000) over the last three
(3) audited fiscal years (2017, 2018, 2019).
The Tenderer shall provide a pertinent letter from a third-party auditor confirming eligibility of the
Tenderer with the said criterion.
2.2. Letter by a financial institution which is acceptable to the Employer confirming a Tenderer’s
adherence to their debt obligations and credit capacity already in place for at least
€250,000,000 in total.
The Tenderer shall provide a letter from a reputable financial institution that is acceptable by the
Employer.
Note: In case of Joint Ventures (JVs) the relevant criteria can be satisfied by at least one member of the
JV, under the condition that this member has a minimum participation share in the JV of at least 30%.
Both JV members must meet at least one of the Eligibility Criteria
JVs can comprise a maximum of two (2) entity members.
Technical Proposal
Tenderers must set out in their Technical Proposal detailed construction methodology – method of
construction- as to how they intend to carry out the Works in accordance with the terms of this
section, including the Employer’s Requirements. The Technical Proposal should demonstrate how
the Tenderer intends to use best engineering and construction practices in the execution of the
Works.
The Technical Proposal shall include the following project specific information (and any additional
information that a Tenderer may elect to present in support of the evaluation of their Technical
Proposal):
Executive Summary
A brief executive summary setting out the key features of the Technical Proposal, including (without
limitation):
▪ Outline presentation of the Tenderer (and of the entities forming a JV as applicable)
▪ Key challenges, risks and opportunities concerning the Works identified by the Tenderer
▪ Main elements of the Tenderer’s approach for addressing the key issues and, overall,
for executing the Works.
▪ The reasons the Tenderer considers that the Employer should award the Contract to the
Tenderer.
Methodology
The PEP (including scope narrative and any temporary works execution plan) should address, as a
minimum, the following, under the headings noted:
− Understanding of the particularities of the relevant parts of the Works including the Design
information provided to the Tenderer and Design elements necessary to be developed by the
Contractor, as applicable.
− Stakeholders management.
− Construction Management.
− Engineering Management.
− QA/QC Management.
Tenderer’s PEP shall demonstrate that the following control systems are included in accordance
with the Employer’s Requirements:
− Risk Management.
− Interfaces: Management of interfaces with other Projects within the Hellinikon Project and all
other Stakeholders.
− The Contractor shall identify as an experienced contractor a list of permits he will be required
to issue and shall provide a responsibility matrix for this scope.
− Management of Perming process, Archaeology and site topographical survey and other
surveys (i.e unexploded ordnance).
▪ Furthermore, the Tenderer shall highlight the major technical, logistical and
construction challenges that they have particularly identified and how they plan to
address them.
▪ The report should include a table of the risks and proposed mitigations and solutions
the Tenderer plans to develop.
▪ The Tenderer shall prepare a proposed Submittals Register which shall comprise of a
complete list of each document for the Works (as per the Employer’s Requirements
and the Contract).
▪ The submittals Schedule Register shall include all documents to be produced by the
Contractor as part of the Scope of Works.
▪ Procurement log of the high value materials and Equipment with the proposed
resources.
The Tenderer must clearly demonstrate their strategy for implementing the environmental and
Archaeological issues of the project, in accordance with the applicable legislative framework for
the Hellinikon Project.
The Tenderer shall provide for each proposed vendor listed supporting information. The Employer
shall have the right to seek additional prequalification information. Any proposed vendor without
supporting information may not be evaluated. The notification of the proposed vendors’ list at the
tendering process can not be considered as approval by Employer of the vendor.
The Tenderer shall include details of the source of its vendors and materials supply i.e. by country of
origin and country of manufacture.
Within this plan the Tenderer shall submit the details of its Quality Policy and Quality Management
Plan to be adopted for the duration of the Works and shall comply with and take account of the
Project Requirements forming part of these Tender Documents. The Tenderer shall further submit
with its Tender the following documentation and information:
− Copy of its Quality Policy and the organisation and arrangements for implementing the Policy.
− An outline of a Project-specific Quality Control System tailored to this Contract which will
emphasise on the Inspection Testing Plan including laboratory testing and inspections for the
duration of the Works and main activities.
3.2.4.2 Laboratory
The Contractor shall establish and operate on its own cost on-site an approved independent
licensed laboratory which will be accredited to the general statutory requirements for the
competence of testing and calibration laboratories. The site laboratory shall be fully equipped,
staffed by qualified materials engineers and technicians operating in accordance with ISO 9000
and its related documents, and shall comply with the accreditation requirements described above.
The laboratory shall be subject to external audits at four-monthly intervals, by an approved
accreditation body or equivalent independent testing agency, at the Contractor’s expense.
The Tenderer shall submit the details of its Health and Safety Policies to be adopted for the duration
of the Works and shall comply with and take account of the Project Requirements forming part of
these Tender Documents. The Tenderer shall further submit with its Tender the following
documentation and information:
− Copy of its Environmental, Safety and Health Policy and the organization and arrangements
for implementing the Policy.
− Demonstrate the adoption of a “Zero Tolerance Policy” towards conscious safety behaviour
considering that all work-related accidents, incidents, injuries and illnesses are preventable via
safety culture. In that respect, it shall be presented as follows:
1. The immediate identification and elimination of unsafe work practices and conditions
in the workplace.
5. Building a team mentality where each worker contributes to the effort and each
supervisor is fully aware of the capabilities and limitations of their own team.
Schedule
The Tenderer shall submit with a detailed time schedule to demonstrate the execution of the Works
in accordance with the methodology as above and adherence to the Time for Completion and
the Milestones as set out in the Contract and as per Employer’s Requirements . The Tenderer shall
utilise the work breakdown structure provided in Primavera Project Planner P6, to logically group
programme activities in a Gantt bar chart.
The Tenderer shall also submit a Time Schedule supporting Narrative and description of their
methods of completing of the scope of Works in a timely manner in accordance with the Project
requirements. The time Schedule and the Narrative needs to be in line with the Methodology of this
Technical Proposal.
The Tenderer’s submittal shall be evaluated for completeness, appropriate level of detail,
demonstration of knowledge of the Works, and soundness of logic and durations of activities. It shall
also be assessed for compliance with the tender instructions.
Tenderer submittal shall be comprehensive and consider all the other relevant factors such as (but
not limited to the following);
▪ Schedule Narrative inclusive of key productivities and related resources to achieve those
productivities.
▪ Detailed Project Schedule (level-3) demonstrating adherence to the Milestones, with duly
substantiated activity durations & logical sequence and proper interfaces through the
duration of the Works. Furthermore:
− The Schedule developed shall utilize the WBS (as per Employer’s Requirements), long Schedule
activities breaking into shorter sub logical activities, logical links, clear critical path, earliest and
latest dates, floats.
▪ Risk Analysis/ Assessment reports, this input shall be provided for information only and
without prejudice to the Contractor’s obligations under the Contract.
The Tenderer shall submit manpower data indicating manning of the Tenderer’s proposed
personnel to be assigned (including subcontractors at the site) during the execution of the Works
to meet the contract Schedule. The manpower data shall be provided by completing the
attached Manpower Schedule.
▪ Reporting lines and outline roles and responsibilities, clearly indicating the relationship
between all members of the identified Project team.
The Tenderer shall detail to the extent possible all positions that shall be employed for the Works.
Each identified position shall have a unique reference code and shall be accompanied by a short
narrative describing the levels of responsibility, proposed components/ work fronts and resource
allocation relative to the Works.
In line with the Organization chart, the Tenderer shall propose CVs which fulfils the qualifications
and experience that are stated in the following paragraph, for all proposed personnel identified
therein including Key Personnel for the Employer’s Evaluation.
Contracts Manager
Environmental Manager
Risk Manager
QA Manager
QC Manager
Procurement Manager
Engineering Manager
3D Model Manager
▪ The Tenderer shall provide suitably qualified personnel for their respective positions.
➢ Proven ability to manage or execute works of similar size and nature delivering
quality work on time and within budget.
➢ Proven ability to work with multi-disciplinary team on Projects of similar size and
nature;
➢ All key personnel must be fluent in English both written and spoken with an
excellent capability in written technical skills as well as oral and written
communication skills.
➢ Key Personnel must be fully versed with and have had experience with the
applicable standards.
The Director will have a university degree, with not less than 25 years’ experience
A. Project Director in similar projects and similar position at least for one project with budget above
200 m €
A Construction Director / Manager will have a university degree or demonstrated
B. Construction
experience in his field, with not less than 20 years’ experience in the required field
Director / Manager
of expertise and similar position in infrastructure project of 200 m € budget
A Work Package Manager/ Senior Discipline Engineer will have a university
C. Work Package
degree with demonstrated experience in his field, with not less than 15 years’
Managers/ Senior
experience in the required field of expertise and similar position in infrastructure
Discipline Engineers
projects of 50 m €
A Planning and Controls Manager will have a university degree with
D. Planning and demonstrated experience in his field, with not less than 15 years’ experience in
Controls Manager the required field of expertise and similar position in infrastructure projects of 100
m€
A Contracts Manager will have a university degree, with demonstrated
E. Contracts Manager experience in his field, with not less than 15 years’ experience in the required field
of expertise
A Environmental Manager will have a university degree with demonstrated
F. Environmental
experience in his field, with not less than 10 years’ experience in the required field
Manager
of expertise
A Health, Safety and Security Manager will have a university degree with
G. Health, Safety and
demonstrated experience in his field, with not less than 10 years’ experience in
Security Manager
the required field of expertise
A Risk Manager will have a university degree with demonstrated experience in his
H. Risk Manager
field, with not less than 5 years’ experience in the required field of expertise.
A QA Manager will have a university degree with demonstrated experience in his
I. QA Manager field, with not less than 15 years’ experience in the required field of expertise and
holds ISO 9001:2015 Lead auditor qualification
A QC Manager will have a university degree with demonstrated experience in his
J. QC Manager field, with not less than 15 years’ experience in the required field -materials
testing of expertise.
A Procurement Manager will have a university degree with demonstrated
K. Procurement
experience in his field, with not less than 10 years’ experience in the required field
Manager
of expertise.
An Engineering Manager will have a university degree with demonstrated
L. Engineering
experience in his field, with not less than 15 years’ experience in the required field
Manager
-materials testing of expertise.
A 3D Model manager will have a university degree with demonstrated
M. 3D Model
experience in his field, with not less than 10 years’ experience in the required field
Manager
of expertise.
A Document Control Manager will have a university degree with demonstrated
N. Document Control
experience in his field, with not less than3 years’ experience in the required field
Manager
of expertise.
The proposed key personnel must be available for, and may be subject to, interview by the
Employer as part of the Tender evaluation process.
Prior to the award of the Contract the Employer reserves the right to re-evaluate any or all of the
nominated candidates. The Tenderer shall at the written request of the Employer make all or any
of the candidates available for interviews and or provide any registration documentation deemed
necessary for the purpose of re-evaluation.
Acceptance of Tender as a whole shall not imply acceptance of any or all CV’s provided with the
Tender nor non-key personnel whose details were not submitted with the Tender. Prior to
mobilization of the non-key personnel the Tenderer shall apply for written non-objection from the
Employer for authority to mobilize. The application shall be accompanied by CVs.
3.4.2.4 CV Format
The Tenderer shall provide all CVs in the template appended herein (under Appendix C).
Tenderers shall also provide details about their Engineering Management function, including the
associated organization chart, staff to be assigned on the Project, processes to be followed for the
review and approval of shop-drawings (where applicable) and as-built drawings by the
Employer/PMC, the IE (where applicable) and the pertinent authorities where necessary (e.g.
utilities, Tram).
Financial Proposal
The Financial Proposal shall be expressed as a fixed lump-sum price, which is broken down and
itemized corresponding to the Works components and respective works sections according to the
schedule of quantified rates.
The Tenderer shall complete and provide in its Contract Price Analysis quantified schedule of rates
(the “QSR”) in the form set out in the Employer Requirements (inclusive also an Excel format).
2. The Tenderer is responsible to estimate the quantities provided in the QSR. The Tenderer shall
populate only the quantity, rates and amounts at the QSR form. Changes in quantities shall
be presented under separate lines items under the section additions/omissions. Addition of
new items or of new information by inserting rows or columns, other than the above, is strictly
not allowed and if happens may lead to disqualification of the Tenderer.
4. Profit, Risk, Head Office overheads and all general expenses including General Requirements,
social security, insurances, bonds and any taxes (with the exception of VAT), duties, charges
and contributions required by the applicable legislation for the execution and completion of
the Works are deemed to be included in the unit rates at the QSR form.
5. The Tenderer should take care not to make any arithmetical errors in arriving at its Reference
Total Lump Sum Price. If errors are made, the Tenderer will be obliged to stand by its quotation
if this total QSR is less than the actual sum of all individual QSRs. However, should the quoted
QSR be more than the arithmetically corrected sum, the Tender will be accepted on the basis
of the arithmetically corrected sum.
6. Payment for the Works will be on the basis of a lump sum fixed price (the “Contract Price”),
which shall be payable in monthly instalments based on the progress of Works complete as
verified by inspection of the Works by the Employer Representative, subject to the Capped
Cash Flow (as defined below).
7. The payment for the Works will be made by using only the QSR items and based on approved
break down. The price for any item of the scope of Works that may not appear in the QSR is
considered as included in other QSR items.
8. No payment shall be made for any item not priced in the QSR by the Tenderer. Such items
shall be deemed to have been included elsewhere.
9. The Contract Price shall not be subject to any adjustment unless otherwise provided in the
Contract and shall represent the full remuneration of the Contractor for the fulfillment of all its
obligations in connection with the Works under the Contract.
10. The Tenderers shall also include in the cash flow schedule showing monthly payment
arithmetic values based on the offered QSR. The value of the works performed will be derived
from the cost loading elements of tender schedule. The Cash Flow is to be submitted using
the Cash Flow Template provided in Appendix A.
11. As part of the Contract finalization, the Employer may elect to set a not-to-exceed monthly
cashflow (the ‘Capped Cash-flow’). In that case, the Capped Cash-flow will be subject to
change subject to the Employer’s approval under the Contract (e.g. Variations, Acceleration
and the like provisions).
12. As part of the Contract finalization, the Employer may elect to request from the Selected
Tenderer to supplement its Technical Submission with a cost loaded Schedule in support of its
submitted cashflow.
Hellinikon Infrastructure
CASH FLOW
Projected Payments 1 2 3 4 5 6 7 8 9 10 11 12 60
(EUR) Feb-22 M ar-22 Apr-22 M ay-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Jan-27
Schedule based Cost Values (CV) € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00
-M inus Advance payment recovery (AP) € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00
-M inus Retention (R) € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00
Cash flow = Net [CV-AP-R] + 60 days € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00
Total Per Month € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00
Cumulative € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00
Tenderer: _______________________________
1 1
0.9 0.9
0.8 0.8
0.7 0.7
0.6 0.6
0.5 0.5
0.4 0.4
0.3 0.3
0.2 0.2
0.1 0.1
0 0
Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23
Cumulative
Hellinikon – Infrastructure Works Phase 1
Appendix B: Tender Clarifications Q&A Form
Hellinikon Infrastructure
Tenderer:
Date:
10
11
12
Appendix C: CV Template
Candidate’s
Company
Logo
[NAME]
[SURNAME] [PHOTO]
Project Name:
Project location: [e.g. New 500 key 5-star resort, 4 buildings, 6 floors, GFA:15.000 m²]
Project Name:
Company’s role in the Project: [e.g. PMC, Main Contractor, ELV sub-contractor etc.]
Professional Memberships: • [Year completed / issuing body or institute/ title / Reference - reg.
number]
(only list memberships that are still
valid/active)
[Year completed / issuing body or institute/ title / Reference - reg. number]
Qualifications / Certificates: [Year completed / issuing body or institute / title / Reference – reg. number]
Candidate’s
Company Logo