DAS Construction Contractor Prequalification Program
Fees/Payment
Aggregate Work Capacity Requested | Initial Fee | Renewal Fee |
---|---|---|
$ 5,000,000.00 - or less |
$600.00 | $300.00 |
$ 5,000,000.01 - $ 8,000,000.00 |
$750.00 | $375.00 |
$ 8,000,000.01 - $ 10,000,000.00 |
$850.00 | $425.00 |
$ 10,000,000.01 - $ 15,000,000.00 |
$1,000.00 | $500.00 |
$ 15,000,000.01 - $ 20,000,000.00 |
$1,500.00 | $750.00 |
$ 20,000,000.01 - $ 40,000,000.00 |
$2,000.00 | $1,000.00 |
$ 40,000,000.01 - or more |
$2,500.00 | $1,250.00 |
Fees for increasing aggregate work capacity (AWC):
Fees are prorated (see examples below):
- To increase bonding capacity, subtract the initial fees. Divide number by twelve (12). Multiply by months existing on prequalification.
- Example 1: Increase bonding capacity from $20,000,000 to $50,000,000 with six months left on prequalification:
- 2,500 – 1,500 = 1,000 / 12 = 83.33 x 6 = $500.00 - Example 2: Increase bonding capacity from $2,000,000 to $8,000,000 with three months left on prequalification:
- 750 – 600 = 150 / 12 = 12.5 x 3 = $37.50 - Example 3: Increase bonding capacity from $100,000 to $1,000,000,000 with nine months left on prequalification:
- 2,500 – 600 = 1,900 / 12 = 158.33 x 9 = $1,424.99
- Example 1: Increase bonding capacity from $20,000,000 to $50,000,000 with six months left on prequalification: