18.27.5.14 NMAC

Prequalification Committee

Last amended: 2021Year: 2021Length: 371 wordsOfficial source
Members of the prequalification committee will be designated by the department’s cabinet secretary and shall meet annually to review the prequalification process. Any information reported by a prime contractor or subcontractor during the prequalification process may be reviewed by the prequalification committee to determine responsibility. The cabinet secretary has the exclusive authority to determine the department threshold applicable to project lettings. The committee may make recommendations to the cabinet secretary for adjusting the department threshold for application of Pqfra to project bid lettings. [18.27.5.14 NMAC - Rp, 18.27.5.14 NMAC, 6/8/2021] 18.27.5.15 PREQUALIFICATION FOR CONSOLIDATED CORPORATIONS, MERGED CORPORATIONS, AND JOINT VENTURES: The following prequalification packet procedure and Pqfra will apply to consolidated corporations, merged corporations and joint ventures: A. For a consolidated or merged corporation pursuant to Section 53-14-6 NMSA 1978, or a similar statutory provision, the new corporation must be prequalified no later than seven calendar days before the opening of any bid. The Pqfra score of the surviving corporation will be the highest Pqfra of the individual corporations. 18.27.5 NMAC 8 B. Each prime contractor participating in the joint venture must be individually prequalified seven calendar days before bid opening to join forces as a joint venture for bidding and performing work related to a single project. The joint venture itself need not prequalify. (1) The joint venture shall file with the office of inspector general at least seven calendar days before the opening of any bid a completed statement of joint venture form. The most current version of the statement of joint venture form must be obtained from the New Mexico department of transportation website. (2) For joint ventures the higher value of all joint venture applicant’s Pqfra will be used for the modified bid amount. (3) Each prime contractor participating in the joint venture will receive a compass form for the project to be used in calculating the prime contractor’s individual prequalification factor. [18.27.5.15 NMAC - Rp, 18.27.5.15 NMAC, 6/8/2021] 18.27.5.16 ADOPTION OF THE NEW MEXICO STATE DEPARTMENT OF TRANSPORTATION CURRENT EDITION OF THE STANDARD SPECIFICATIONS FOR HIGHWAY AND BRIDGE CONSTRUCTION: This rule adopts by reference the current edition of the New Mexico Department of Transportation Standard Specifications for Highway and Bridge Construction, as amended by this rule.
18.27.5.14 NMAC: Prequalification Committee | Justis AI