New Hampshire Code of Administrative Rules
Tra - Commissioner, Department of Transportation
Chapter Tra 400 - PREQUALIFICATION AND BIDDING PROCESS
Part Tra 401 - PREQUALIFICATION OF CONTRACTORS - CLASSIFICATION AND RATING OF PROSPECTIVE BIDDER
Section Tra 401.11 - Joint Qualification Rating
Universal Citation: NH Admin Rules Tra 401.11
Current through Register No. 40, October 3, 2024
(a) When 2 or more prequalified contractors wish to combine all or a portion of their assets for bidding on a project, they shall do so by filing with the department a jointly prepared request for proposal.
(b) If a contractor applying for prequalification is organized into more than one legal entity, the contractor may obtain a larger capacity rating than would be available for the smaller of the 2 legal entities if:
(1) The larger of the 2 legal entities
supplies a written guarantee for the legal obligations of the smaller entity
who is the prospective bidder;
(2)
The guarantee includes all assets and liabilities of the guarantor;
and
(3) The guarantee holds the
guarantor and the prospective bidder responsible for the contract and actions
of the prospective bidder on the contract.
#5677, eff 7-29-93; ss by #7013, INTERIM, eff 6-20-99, EXPIRED: 10-18-99
New. #7176, eff 12-23-99; EXPIRED: 12-23-07
New. #9452, eff 4-8-09
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