Financial Qualification

Bid bonds must be submitted to ANP until December 15th. The documents shall be in accordance with the templates available below. It is important to take into account sections 4.4.4 and 4.48 of the Tender Protocol in which are set the conditions for warranties presentation and refunding.

Note: Surety bonds granted up to the limits established by the regulatory body (SUSEP) do not require the fullfillment of reinsurance values, as stated in the Tender Protocol.

Bid bond as letter of credit - model (Annex VII, part 1)
Bid bond as surety bonds - model (Annex VII, part 2)



Financial qualification for companies interested in participating in Brasil Round 10 will be established based on the following parameters:

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Consolidate Financial Statements for the last three years;

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Independent Auditor Report (if applicable);

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Bank Reference
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Description of any significant liabilities or obligations not reflected on the Company's Balance Sheet and accompanying notes which may impact the future activities of the Company;
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Detail of medium-term plans, if these are expected to alter the financial status of the company;

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Summary of Financial Statements, as Annex XI.

The minimum shareholder equity demanded for the qualification is defined as shown below:

Company Qualification
Minimum Shareholder Equity Remanded (R$)
A
50.000.000,00
B
20.000.000,00
C*
2.000.000,00

*In no event will be qualified a companies with less that R$ 2.000.000,00 (two million Reais) of shareholder equity, without forming a consortium, as an Operator. However, companies could be qualified as operators C, for onshore blocks, with shareholder equity greater than R$ 1.000.000,00 (one million Reais), provided that the total shareholder equity of that consortium is greater then R$ 2.000.000,00 (two million Reais).

Note: This guide is only provided for general orientation of prospective participants of Brasil Round 10. Details on the qualification process must be obtained at the Final Tender Protocol.


Qualification Guidelines


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Participation Fees

Participation Fees Form

Expression of Interest

Confidentiality Agreement

Accredited Representative

Summary of Financial Statements

Bid bond as letter of credit - model

Bid bond as surety bonds - model