(1) Each Prospective Contractor shall state
the Maximum Capacity Rating desired. Each Prospective Contractor will be rated
in accordance with its financial ability, adequacy of plant and equipment,
organization, prior experience, record of construction and any other pertinent,
relevant and material facts. The Prospective Contractor will be assigned a
Maximum Capacity Rating which will designate the quantity of work upon which it
will be eligible to bid. The Prequalification Committee will give notice of
such rating by electronic mail using the address provided in the application
within thirty (30) days after receipt of such fully executed Application for
Qualification. The determination of the Maximum Capacity Rating will be made
subject to the rules set forth herein and Department policy.
(2) The Maximum Capacity Rating will be a
flat sum determined by the following formula:
Q = F [C + 60% (DA)]
Q = Maximum Capacity Rating
F = Ability or Multiplying Factor
C = Current Assets less current liabilities; plus plant and
equipment used for road and bridge construction only
DA = Net Deferred Assets [(Property and plant and equipment not
used for road and bridge construction only plus all non-current assets) - any
deferred liabilities or non-current liabilities (maturing beyond one year)].
Net Deferred Assets will equal zero (0), if the calculated value is less than
or equal to zero (0).
Notes
Ga. Comp. R.
& Regs. R. 672-5-.07
O.C.G.A. ยงยง
32-2-2,
32-2-66,
50-13-4.
Original Rule
entitled "Determination of Classification and Maximum Capacity Rating" adopted.
F. Aug. 9, 1973; eff.
Aug. 29,
1973.
Amended: ER 672-5-0.4-.07 entitled "Determination of
Maximum Capacity Rating" adopted. F. and eff.
May 30, 1978, the date of
adoption.
Amended: Permanent Rule adopted. F.
Sept. 6, 1978; eff.
Sept. 26,
1978.
Repealed: New Rule, same title adopted. F.
Oct. 23, 2000; eff.
Nov. 12,
2000.
Amended: F. Nov. 20,
2006; eff. Dec. 10,
2006.
Amended: New title "Determination of Maximum Capacity
Rating for Contractors." F. May 1, 2018;
eff. May 21,
2018.
