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Get WV Contractor's Prequalification Statement 2018-2024

Ssuming a contractor has $100,000.00 in net current assets, net cash surrender value of life insurance of $25,000.00, a line of credit statement for $50,000.00 and $50,000.00 of unencumbered worth (book value) in highway type equipment with a service record which merits a factor of 8. His rating would be computed as follows: R = P (A+I+L+E) R = ($100,000.00 + $25,000.00 + $50,000.00 + $50,000.00) R = $1,800,000.00 (Amount of Certificate of Qualification) In all cases the actual computed amount o.

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