20 13 On 7 May, the National Development and Reform Commission, the People's Bank of China and the Central Committee issued the Notice on Several Opinions on the Use of Credit Records and Credit Reports for Administrative Matters (No.920 [20 13]), requiring governments at all levels and relevant departments to conduct government procurement, bidding and administrative examination and approval. It is clear in the document that "credit records and credit reports" are provided by third-party credit service agencies.
However, in practice, due to the different management methods in different places, the construction of credit system is not synchronized, and the bidding documents in different places have different expressions, which failed to form a unified requirement. Some require a third-party credit service agency to issue a credit report, some require a bank's credit rating certificate, some require a contract-abiding credit certificate issued by the administrative department for industry and commerce, or a credit rating certificate issued by a credit rating agency entrusted by the People's Bank of China. In this regard, bidding enterprises can only find ways to reserve credit qualification certificates as much as possible. Strictly speaking, commercial banks, administrative organs and business associations do not have the characteristics of third-party institutions. The credit rating agencies recognized by the People's Bank of China, in addition to the credit rating of the securities market recognized by the CSRC, mainly provide the business license for the credit rating of the inter-bank bond market, which is mainly used in the financial market.
What is a third-party credit service organization?
According to GB/T22 1 19—2008, third-party credit service institutions refer to professional institutions engaged in credit investigation, credit rating, credit guarantee, factoring, insurance, credit management consulting and services.
As the country vigorously promotes the construction of credit system, in the field of bidding, the third-party credit evaluation results are encouraged as an important basis for bidders' qualification examination, bid evaluation, bid selection and contract signing. At present, there are thousands of credit rating agencies in China to provide credit services for small and medium-sized enterprises, and this number is increasing with the passage of time.
What is a credit report?
According to the collected credit survey data, the credit investigation agencies make truthful records and systematic analysis, give credit ratings in accordance with relevant evaluation requirements and procedures, and write a report that comprehensively reflects the true credit status of the rated object.
Enterprise credit includes basic information, management level, financial status, profitability, performance status, management level, development prospect and record of dishonesty.
What kind of institutions can issue credit reports?
When an institution issues a credit report, it must have at least two senior credit managers (national vocational qualification level I) and 1 credit manager (national vocational qualification level II).
What is the significance of enterprise credit rating to bidding?
The most substantial significance of enterprise credit rating is to get a credit rating report that meets the bidding requirements. The deeper meaning has been ignored by many enterprises. Third-party credit service agencies are essentially intermediaries, and their biggest role is to solve the problem of information asymmetry and prevent cooperation risks. The credit rating of bidding enterprises has opened up a special credit channel for both bidders.
1. Credit rating provides a fair competition opportunity for bidding enterprises.
Before rating, the bidding enterprises are not familiar with the tenderee. Credit rating enables the tenderee to correctly and comprehensively understand the strength and financial status of each enterprise as a reference for bid evaluation and calibration.
2. Enterprises should face up to their own credit problems and maintain credit records.
The credit rating of trustworthy enterprises can make them stand out; Credit rating of untrustworthy enterprises can make them return to rationality.
3. The credit rating is to prevent the potential cooperation risks of the tendering units.
Credit rating can make bidders avoid minefields and effectively solve the problems of commercial fraud and counterfeiting caused by credit asymmetry.
I hope the above content can help you. For details, please contact Beijing Zhongqi Puxin International Credit Evaluation Customer Service!