The following steps are followed in the conduct of post-
qualification: 1. The BAC/TWG verifies, validates, and ascertains the genuineness, validity and accuracy of the legal, technical and financial documents a. LEGAL REQUIREMENTS. Verification, validation and ascertaining of the contractor’s claim that it is not included in any government “blacklist,” as well as all the licenses, permits and other documents it submitted, including but not limited to the following; i. PCAB license; ii. SEC registration certificate or the DTI business name registration, whichever applies; iii. Mayor’s permit; iv. BIR Certification, which contains the TIN; v. Authority of signatory; and vi. Affidavit of compliance with the Disclosure Provision. b. TECHNICAL REQUIREMENTS i. Verification of the bidder’s stated competence and experience, as well as the competence and experience of its key personnel to be assigned to the project, to ensure that these meet the minimum requirements, ii. Verification of availability and commitment, and/or inspection and testing, of equipment units to be owned or leased by the bidder, as well as checking the performance of the bidder in its ongoing government and private contracts, e.g., examination of the Construction Schedule, Construction Methods, Equipment Units and Equipment Utilization Schedule, List of projects that are on-going, completed and to be started, CPES rating sheets; Statement on similar projects to ensure that these meet the minimum requirements; iii. Verification if any of the bidder’s on-going contracts shows: iii.1. A reported negative slippage of at least fifteen percent (15%); or iii.2. Substandard quality of work as per contract plans and specifications; or iii.3. Unsatisfactory performance of his obligations as per contract terms and conditions, at the time of inspection; or iii.4. That there are overlaps in the proposed utilization of the minimum required equipment with those equipment in the on-going works of the contractor; or iii.5. That the minimum required experience of the bidder’s key personnel were not met; All of which will be grounds for disqualification if found by the BAC to be due to the bidder’s fault or negligence; iv. Ascertainment of the sufficiency of the Bid Security as to type, amount, form and wording, and validity period. c. FINANCIAL REQUIREMENTS. Verification, validation and ascertaining the bid price proposal of the bidder; stated net worth and liquid assets, net working capital, the value of all outstanding or unfinished works under ongoing contracts, and the bidder’s NFCC, as recalculated considering developments in the bidders’ other projects, whenever applicable. This is done to ensure that the bidder can sustain the operating cash flow of the transaction. This process involves: i. Examination of the Bill of Quantities, Detailed Estimates and Cash Flow; ii. Ascertainment of the NFCC, iii. Examination of the BIR-audited financial statement. 2. TWG may make inquiries with appropriate government agencies and examine the original documents kept in the bidder’s place of business. The use of other means for verification and validation of such documents may be resorted to by the TWG, such as the Internet and other research methods that yield the same results. 3. The BAC/TWG inquires about the bidder’s performance in relation with other contracts/transactions as indicated in its eligibility statement (statement of ongoing, completed or awarded contracts). 4. The TWG prepares a Post-qualification Report to be submitted to the BAC. The Report shall contain, among others, the activities undertaken with regard to the Post- qualification process, including feedback from inquiries conducted. 5. The BAC reviews the Post-qualification Report submitted by the TWG. 6. The BAC determines whether the bidder with the LCB passes all the criteria for post-qualification. 7. If the LCB passes the post-qualification, the BAC declares it as the LCRB. 8. After the BAC has determined the LCRB, the Secretariat, with the assistance of the TWG, if necessary, prepares the BAC Resolution declaring the LCRB and the corresponding Notice to the said bidder informing it of its post-qualification.