Arizona Administrative Code › Title 17 - TRANSPORTATION › Chapter 3 - DEPARTMENT OF TRANSPORTATION HIGHWAYS › Article 2 - MANAGEMENT OF CONTRACTOR BIDDING › Section R17-3-201 - General

Current through Register Vol. 30, No. 28, July 12, 2024
A. Definitions.
1."Application" means a request for contractor
				  prequalification, consisting of an application booklet available from the
				  Department's office of Contracts and Specifications, and a financial statement
				  prepared according to the requirements of this subsection and
				  R17-3-202.
2."Board" means the Contractor Prequalification Board.
3."Compiled financial statement" means a financial statement
				  prepared for form, appropriateness, and arithmetic accuracy. It does not
				  express an opinion or provide any assurance regarding the financial
				  statement.
4."Contractor" means the individual, partnership, firm,
				  corporation, joint venture, or any combination acceptable to the Department,
				  that seeks to contract with the Department for constructing or reconstructing
				  state transportation facilities, unless the context requires otherwise.
5."Contractor prequalification" means the Department's
				  process of review and evaluation of a contractor's work history and current
				  financial condition before a contractor is allowed to submit a proposal for
				  constructing or reconstructing state transportation facilities.
6."Department" means the Arizona Department of
				  Transportation.
7."Examined financial statement" means a financial statement
				  that includes the amounts and disclosures in the firm's financial statement, an
				  assessment of the accounting principles used and the significant estimates made
				  by management, and an evaluation of the overall financial statement
				  presentation.
8."Financial statement" means a financial report prepared
				  according to generally accepted accounting principles by an independent
				  certified public accountant or an independent public accountant. The financial
				  statement includes a cover letter on the accountant's letterhead, a balance
				  sheet, a statement of cash flows, an income statement, and all notes and
				  appropriate supporting schedules.
9."Joint venture" means the combination of two or more
				  contractors for the purpose of submitting a proposal to the Department and
				  performing a contract for constructing or reconstructing state transportation
				  facilities.
10."Prequalification amount" means the dollar limitation of
				  each contract, based on the Department's estimate of contract value, for which
				  a contractor may submit a proposal to the Department for constructing or
				  reconstructing state transportation facilities.
11."Reviewed financial statement" means a financial statement
				  that includes an inquiry of company personnel, and a review of the analytical
				  procedures applied to the financial data. It does not express an opinion
				  regarding the financial statement taken as a whole.
12."State Engineer" has the meaning in A.R.S. §
										28-6901(3).
B. Contractor Prequalification
				Board.
1. The State Engineer shall appoint the
				Board to consider and decide on applications for contractor
				prequalification.
2. The Board will
				be comprised of three Department employees, one of whom shall be a professional
				engineer, registered by the Arizona Board of Technical Registration, and one a
				certified or licensed public accountant.
3. The Board's authority to determine
				prequalification does not limit the Department's ability to establish
				additional criteria for contracts.