Page 158 - ADMINISTRATIVE MANUAL
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               In case of simple or repetitive or standardized works where time is of the essence, the head
               of the procuring entity may reduce  the above term of issuance to not less than fifty percent
               (50%) of the periods indicated above.
               Provided, however, that the periods for conducting eligibility check, pre-bid conference and
               the issuance of the bidding documents shall be followed:

                   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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