Financial Viability Assessments in Procurement with Performance Assessment
|Significant Risk||Advanced / Detailed Finance & Performance Assessment||Advanced Finance & Performance Assessment / Credit Rating Report||Comprehensive / Standard Credit Rating Report plus Detailed Perform|
|High Risk||Detailed / Standard Finance & Performance Assessment||Advanced / Detailed Finance & Performance Assessment||Advanced Finance & Performance Assessment / Credit Rating Report|
|Medium Risk||Standard Finance & Performance Assessment||Detailed / Standard Finance & Performance Assessment||Advanced / Detailed Financial Assessment|
|Minimal $ Value||Medium $ Value||High $ Value|
In assessing risk level, consider the consequences of failure or poor service delivery due to capacity or cash flow constraints in terms of replacement costs, legal fees and project delays. The complexity and term of contract are also important factors as is the political profile and impact on stakeholders.
These reports are especially useful when dealing with companies that are new to you, when you have any concerns about a company’s capabilities or just need an independent referee check.
|Product||Description||Delivery working days|
|Comprehensive Credit Rating Report / Credit Rating Report||Used for assessing large value, high risk, and/or strategically important contracts. These reports provide a detailed and comprehensive analysis of the financial capacity, credit quality and financial risk of an entity relative to a particular obligation or exposure level. (Note: A Comprehensive Report is required when analysing corporate groups, public companies and overseas entities.)||Standard: 10 Priority: 7|
|Advanced Financial & Performance Assessment||Used for corporate risk assessments on medium to large contracts These reports provide an advanced appraisal and professional opinion on the corporate and financial risks in procurement or contracting. This includes at least 2 detailed customizable references form recent or current contracts.||Standard: 7 Priority: 5|
|Detailed Financial & Performance Assessment||Applied to medium/large contracts, these reports provide an in-depth appraisal of corporate & financial risks in procurement or contracting. Includes 2 customisable referee checks.||Standard: 5 Priority: 3|
|Standard Financial & Performance Assessment||A general assessment of supplier's corporate and financial risks for medium risk contracts. Includes 2 referee checks||Standard: 5 Priority: 3|
|Detailed Performance Assessment||Based on a structured and comprehensive review of performance on specified number of contracts (generally 2, 3 or 5), this report will cover all the key performance areas. Used for gathering information, verifying information in tender submissions, questions are scored and can be weighted to provide side by side comparisons. We specialise in templates for Waste & Asset Management.||Standard: 10|