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                   III.   Eligibility Screening

                   a)  Eligibility Criteria

                       1)  The  following  persons/entities  shall  be  allowed  to  participate  in  the  bidding  for
                          infrastructure project;
                              a)  Duly licensed Filipino Citizens/sole proprietorships;
                              b)  Partnership duly organized under the laws of the Philippines, and of which at
                                 least seventy-five percent (75%) of the outstanding capital stock belongs to
                                 citizens of the Philippines;
                              c)  Persons/entities forming themselves into a joint ventures;
                              d)  Cooperatives duly registered with CDA

                       2)  Must have a PCAB license

                       3)  The value of the prospective bidder’s largest single completed contract, adjusted to
                          current prices using NSO consumer price indices at G-EPS website, and similar to the
                          contract to be bid, must be at least fifty percent (50%) of the approved budget for the
                          contract to be bid: In the case of a small A and B contractors without similar experience
                          on the contract to be bid, they may be allowed to bid if the cost of such contract is not
                          more than fifty percent (50%) of their registration particular for such category. For this
                          purpose, the allowable range of contact cost per PCAB registration of contactor shall
                          be:

                                                   Registration Particular
                                      Category                  Allowable Range of Contract Cost (in
                                                                           Million Pesos)
                                       Small A                               Up to 0.5
                                       Small B                                Up to 3
                                      Medium A                                Up to 15
                                      Medium B                                Up to 30
                                       Large A                                Up to 50
                                       Large B                         Less than or above 50


                       4)  The Contractor’s Performance Evaluation System (CPES) rating and/or certificate of
                          completion and owner’s acceptance of the contract must be satisfactory.
                       5)  Credit line at least 10% of ABS, or, the prospective bidder’s NFCC must be at least
                          equal to the ABC, calculated as follows:

                          NFCC= [(Current assets minus current liabilities) multiplied by (K)] minus the value of
                          all outstanding works or projects under ongoing contracts, including awarded contracts
                          yet to be started.

                          K= 10 for a contract duration of one year or less, 15 for contract duration of more than
                          one year up to two years, and 20 for a contract duration of more than two years.
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