Date: [Insert Date]

To,

The Procurement Officer,
[Name of the Procuring Organization],
[Address of the Procuring Organization],
[City, State, PIN Code].

Subject: Declaration of Financial Capacity for Bid Number [Bid Number]

Dear Sir/Madam,

We, [Your Company Name], with our registered office at [Your Company Address], hereby submit this declaration regarding our financial capacity in support of our bid for Bid Number [Bid Number].
 

Declaration
 

1. Financial Capacity Confirmation:
   We affirm that [Your Company Name] possesses the financial strength and capability to fulfill all obligations under the contract as specified in the tender documents. Our financial records demonstrate our capacity to undertake and execute the contract requirements effectively.
2. Compliance with Guidelines:
   We fully comply with relevant procurement guidelines, including those outlined by the Central Vigilance Commission (CVC) and the General Financial Rules (GFR) 2017. We confirm that our financial status meets the eligibility criteria specified in these regulations for participation in the tender process.
3. Financial Statements:
   To substantiate our financial capacity, we have provided the following documents:
   • Audited Financial Statements: For the last three financial years, showing our financial performance.
   • Additional Documentation: Any other relevant financial documentation as required by the tender specifications.
4. Summary of Financial Performance:
   Below is a summary of our financial performance over the past three years:
   • Year 1: Annual Turnover of ₹[Amount Y1]
   • Year 2: Annual Turnover of ₹[Amount Y2]
   • Year 3: Annual Turnover of ₹[Amount Y3]
5. Acknowledgment:
   We understand that providing false statements or omitting relevant financial information may lead to disqualification from the tender process or other legal consequences as per applicable regulations.
6. Supporting Documentation:
   The following documents are attached to support our financial declaration:
   • Audited Financial Statements for the last three financial years.
   • Other relevant financial documents (if applicable).
      

We assure you of our commitment to fulfilling all financial obligations under the contract and look forward to your favorable consideration of our bid.
 

Thank you for your attention.

Yours faithfully,

[Signature]
[Name of the Authorized Signatory]
[Designation]
[Your Company Name]
[Contact Number]
[Email Address]