A Guide to Supplier Financial Appraisal

OGC's guidance on conducting supplier financial appraisals.  Whilst references to EU Procurement Regulations within the guide are now out of date, the principals of supplier financial appraisals are still valid and are a useful starting point for colleges to develop an evaluation methodology when assessing a suppliers economic and financial standing.

Note: The Cabinet Office standard PQQ details the information requirements in relation to economic and financial standing. The Public Contracts Regulations 2015 now include a provision that any turnover tests applied by a contracting authority to a supplier must be no more than twice the annual contract value.