Capacity Limits

(1) An Awarding Authority shall reject a Contractor’s bid that exceeds the Contractor’s Single Project Limit shown on 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.