Banking Agreement (Pre-qualification Banking)

Pre-qualification Banking
A foreign supplier without any offset obligations in Denmark may request a Banking Agreement (Pre-qualification Banking) in preperation of a future specific contract. 

In pre-qualification for a specific contract with the Danish Armed Forces any qualifying transaction up to 2 years before signing a contract with the Danish Armed Forces, including multipliers, may be accepted in a Pre-qualification Banking for all bidders of the procurement. 

Pre-qualification Banking are valid for 2 years and are accepted against the 30 per cent requirement in an ICC1.

If the foreign supplier is awarded the specific contratct with the Danish Armed Forces the surplus in the Pre-qualification Banking Agreement is subtracted the new obligation.

If the foreign supplier is not awarded the specific contract with the Danish Armed Forces, the surplus in the Pre-qualification Banking Agreement will be the starting balance in a new Banking Agreement. The new Banking Agreement is valid in 5 years.

How to proceed

1. Download the standard Pre-qualification Banking and fill in the blanks.
2. Forward two signed copies of the Pre-qualification Banking to DECA. If acceptable, DECA will retain one of the copies for its own records and sign the other copy and return it to you.