Requesting Entity: Wellness PRO Incorporated
Issues Concern: Statement of ongoing and completed contracts within the relevant period
Requesting clarification on the purpose of ongoing and completed contracts within a particular period as an eligibility requirement for prospective bidders.
The statement of ongoing and completed contracts becomes relevant when the BAC applies the pertinent eligibility criteria. One such criterion is that the prospective bidder must have completed a single contract that is similar to the contract to be bid. Similarly, the prospective bidder's Net Financial Contracting Capacity must be at least equal to the budget for the contract to be bid. The value of all outstanding or uncompleted portions of the projects under ongoing contracts, including awarded contracts yet to be started coinciding with the contract to be bid, is a key element in the NFCC computation. (Emphasis supplied)