Code of Massachusetts Regulations
810 CMR - DIVISION OF CAPITAL ASSET MANAGEMENT AND MAINTENANCE
Title 810 CMR 8.00 - Awarding Authority Responsibility For Evaluation Of Contractors' Performance On Public Building Projects Bid Pursuant To MGL c. 149 Secs. 44a Through 44j And MGL c. 149a
CONTRACTORS
Section 8.07 - Capacity Limits
Universal Citation: 810 CMR 8.00 MA Code of Regs 8.07
Current through Register 1531, September 27, 2024
(1) An Awarding Authority shall reject a Contractor's bid that exceeds the Contractor's Single Project Limit shownon the Contractor's Certificate of Eligibility. A Contractor's Single Project Limit must be equal to or greater than the Contractor's base bid plus all alternates irrespective of whether none, any, or all such alternates are used.
(2) The Contractor's Aggregate Work Limit may not be exceeded by the sum of the following:
(a) The annualized value of the
work to be performed on the Building Project for which the bid was submitted,
which shall be determined by dividing the Contractor's bid by the number of
years given to complete the Building Project for which the bid was submitted;
and
(b) The total annualized value
of the Contractor's incomplete work under its currently held contracts, which
shall be determine by adding together the annualized value of the incomplete
work under each of the Contractor's currently held contracts.
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