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Public sector

Public sector tenders and credit documentation

Public clients may assess suppliers' financial capacity as part of qualification requirements. A credit report may be relevant when such documentation is requested — requirements vary between competitions.

Why public clients may assess financial capacity
What types of documentation may be requested
Requirements vary between competitions

Common documentation

Tax certificate

Ordered from the Tax Administration

Annual accounts

Most recent available

Company certificate

From the Brønnøysund Register Centre

Credit report

May be relevant when financial capacity is required

Requirements vary. Always read the tender documentation carefully.

Documentation

Types of documentation that may be requested

Different clients set different requirements. Here are the most common documents and what they say.

Tax certificate

Documents that taxes and duties have been paid. Ordered from the Norwegian Tax Administration. Many public clients require a certificate issued within the last six months.

Annual accounts

Often attached as an appendix. Provides historical figures for turnover, results and equity, but is not an active credit assessment.

Credit report

May be relevant when a client requests documentation of financial capacity. Provides a combined analysis of credit score, solvency, liquidity and payment history.

Company certificate

Documents company registration information from the Brønnøysund Register Centre. Often requested alongside other documentation.

How to prepare

Prepare the documentation

1

Read the qualification requirements carefully

Public tender documents specify what documentation is required to qualify. Financial capacity requirements vary — always read the specification of requirements.

2

Obtain a tax certificate

Order a tax certificate from the Norwegian Tax Administration in good time. Check age requirements — many clients do not accept certificates older than six months.

3

Order a credit report if required

A credit report may be relevant when a client requests documentation of financial capacity. The report is designed for use as an attachment in such contexts.

4

Have annual accounts available

The latest available annual accounts are often attached as an appendix. Make sure the accounts have been submitted to the Register of Company Accounts.

5

Submit complete documentation

Incomplete documentation may result in the bid being rejected. Check that all required attachments are included before submission.

Questions and answers

Frequently asked questions

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No. Requirements vary between competitions. Some public clients request documentation of financial capacity, others do not. Always read the tender documentation carefully.

A credit report may be relevant when a client requests documentation of financial capacity. It is always the client who decides what constitutes sufficient documentation. The report is designed for use as an attachment in such contexts.

No. A credit report is documentation of financial status. The decision on supplier approval is made by the client based on the overall assessment.

Public procurement is governed by public procurement regulations, which set requirements for process, equal treatment and documentation. Private tenders may have more flexible requirements. Both types can request financial documentation.

Many public clients require that the supplier is free of payment remarks. Check the tender requirements and consider whether documentation alternatives exist. Kredittdata helps with insight and monitoring, but cannot delete remarks — that is done at the relevant credit bureau.

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