Washington Administrative Code › Title 468 - Transportation, Department of (See Title 88) › Chapter 468-310 - Prequalification of ferry system contractors › Section 468-310-020 - Contents of standard prequalification questionnaire and financial statement

Current through Register Vol. 24-14, July 15, 2024
The standard prequalification questionnaire and financial
				statement shall be transmitted to the director of Washington state ferries. The
				contractor shall provide the following information:
(1) The name, address, phone number,
			 contractor registration number and type of organization (corporation,
			 copartnership, individual, etc.) of the contractor seeking
			 prequalification.
(2) The contract
			 size in dollars and the class or classes of work for which the contractor seeks
			 prequalification (such as vessel dry-docking and hull repairs, vessel
			 electrical repairs, etc.) as enumerated in WAC
			 468-310-050(6).
(3) Ownership of the contractor and if a
			 corporation, the name of the parent corporation (if any) and any affiliated
			 companies or subsidiaries.
(4) An
			 accurate and complete record of the fifteen largest contracts in excess of ten
			 thousand dollars performed by the contractor in whole or in part within the
			 preceding three years both in Washington and elsewhere, including subcontracts,
			 giving the contract amount, the date completed, the class of work, the name,
			 address and phone number of the owner/agency representative, and any liquidated
			 damages assessed against the contractor by an owner arising out of the
			 performance of the contract.
(5)
			 The principal officers and key employees showing the number of years each
			 engaged in the class or classes of work for which the contractor seeks
			 prequalification. The department may require resumes of such personnel as
			 deemed proper for making its determination.
(6) Except as otherwise provided in this
			 section or WAC
			 468-310-050(8),
			 a contractor requesting prequalification certification to perform work in
			 excess of ten million dollars shall submit copies of its audited annual
			 statements for the previous three years as audited by an independent certified
			 public accountant which shall include comparative balance sheets and income
			 statements, a statement of retained earnings, supporting schedules and notes
			 attached thereto, and the opinion of the independent auditor. The financial
			 statement shall not be more than twelve months old when submitted. Any wholly
			 owned subsidiary corporation may file the latest consolidated financial
			 statement of its parent corporation in lieu of a financial statement prepared
			 solely for such subsidiary providing the financial statement otherwise meets
			 the requirements of the preceding two sentences. If a consolidated financial
			 statement is filed on behalf of a subsidiary corporation, a bid of the
			 subsidiary corporation will be considered only if there is on file with the
			 department a letter from the parent corporation guaranteeing performance by the
			 subsidiary corporation of its contract with the department of transportation in
			 an amount at least equal to the amount of the bid. A letter of guarantee by a
			 parent corporation may cover a specific contract bid by its subsidiary or all
			 contracts bid by its subsidiary within a stated period of time.
(7) A list of all major items of equipment to
			 be used in those classes of work for which prequalification certification is
			 requested including the original cost, age, location and condition of such
			 equipment. The schedule shall show whether the equipment is owned, leased or
			 rented. All major items of useful equipment should be listed even though fully
			 depreciated but no obsolete or useless equipment should be included. In the
			 event the contractor seeks prequalification certification to perform work on
			 ferry vessels, the schedule shall also describe plant facilities of the
			 contractor including shipyards, dry docks, repair facilities and other plant
			 facilities.
(8) Such other
			 information as may be required by the prequalification questionnaire.
(9) Notwithstanding the provisions of this
			 section, a contractor who wishes to prequalify for the department's procurement
			 of new auto ferries for the Port Townsend/Keystone ferry route, pursuant to the
			 department's 2008 invitation for bids, shall submit a reviewed financial
			 statement for at least one year in the previous three years, plus annual
			 financial statements for two additional years in the previous three years. The
			 reviewed financial statement shall be prepared by an independent certified
			 public accountant which shall include comparative balance sheets and income
			 statements, a statement of retained earnings, supporting schedules and notes
			 attached thereto, and the opinion of the independent auditor. The form and
			 quantity of financial statements shall be specified in the department's
			 invitation for bids and is subject to modification by addendum during the bid
			 process. This subsection applies in lieu of the form and quantity of audited
			 financial statements specified in subsection (6) of this section for the Port
			 Townsend/Keystone vessel procurement only. It does not replace or modify any
			 other provisions in this chapter or governing prequalification statutes that
			 authorize the department to evaluate a contractor's financial ability to
			 perform the contract.
Statutory Authority:
				  RCW
				  47.56.780,
				  47.60.680, and
				  47.60.690. 08-19-004, §
				  468-310-020, filed 9/4/08, effective 10/5/08. Statutory Authority:
				  RCW
				   47.60.816. 04-11-004, § 468-310-020,
				  filed 5/5/04, effective 6/5/04. Statutory Authority:
				  RCW
				   47.60.680 and
				  47.60.690. 99-03-025 (Order 189),
				  § 468-310-020, filed 1/11/99, effective 2/11/99. Statutory Authority:
				  RCW
				   47.60.680. 88-19-040 (Order 114), §
				  468-310-020, filed 9/14/88. Statutory Authority: 1983 c 133. 83-19-014 (Order
				  84), § 468-310-020, filed
				  9/12/83.