Financial Documents For Eligibilty Check: NFCC P - P 6,451,750.00 - 88,500.00 X 10 NFCC P 63,632,500.00
Financial Documents For Eligibilty Check: NFCC P - P 6,451,750.00 - 88,500.00 X 10 NFCC P 63,632,500.00
Year 2019
1. Total Assets P 16,951,750.00
2. Currents Assets P 6,451,750.00
3. Total Liabilities P 88,500.00
4. Current Liabilities P 88,500.00
5. Net Worth (1-3) P 16,863,250.00
6. Net Working Capital (2-4) P 6,363,250.00
B. The Net Financial Contracting Capacity (NFCC) based on the above data is
computed as follows:
NFCC = K (current asset – current liabilities) minus value of all outstanding
works under ongoing contacts including awarded contracts yet to be started
NFCC = P 63,632,500.00
K – 10 for a contract duration of one year or less, 15 for more than one year up to
two years and 20 for more than two years
or
Commitment from a licensed bank to extend to it a credit line if awarded the
contract or a cash deposit certificate in the amount of at least 10% of the proposed
project to bid.
Herewith attached are certified true copies of the income tax return and audited financial
statement: stamped “RECEIVED” by the BIR or BIR authorized collecting agent for the
immediately preceding year and the cash deposit certificate or certificate of commitment
from a licensed bank to extend a credit line.
Submitted by:
ALEX E. AZUR
Proprietor
STORM CONSTRUCITON
Name of Company
Certified by:
TERESITA R. CABANLONG
CPA License No. 51355
TIN: 105-809-858-000
BOA Accreditation No. 1046 Issued September 23, 2018 until September 22, 2021
BIR A.N. 05-002173-001-2016 Issued November 18, 2018 until November 17, 2021
PTR. No.1151804 January 15, 2020 Bocaue, Bulacan