Ohio Admin. Code 5501:2-3-03
The director shall determine an applicant's responsibility and competency by first computing the applicant's net assets in accordance with rule 5501:2-3-01 of the Administrative Code. Next, the director shall grant the applicant types of work for which the applicant is responsible and competent in accordance with rule 5501:2-3-04 of the Administrative Code. Finally, the net assets will be multiplied by a factor between one and ten with ten being the maximum rating, with the resultant total representing the dollar bidding capacity or bidder's qualification amount. The multiplying factor the applicant receives will be determined by averaging the total scores received in the previous calendar year from its evaluations. If the applicant has not completed work for the department, the applicant will receive the maximum rating of eight . If the applicant has performed work for the department, but not in the previous calendar year, the applicant will receive its most recent rating. Each contractor will receive an evaluation for each project for which it has performed work. In the event it is a multiple year project, an evaluation will be completed yearly.
Ohio Admin. Code 5501:2-3-03
Five Year Review (FYR) Dates: 11/30/2020 and 02/05/2026
Promulgated Under: 119.03
Statutory Authority: 119.03, 5525.05
Rule Amplifies: 5525.01, 5525.02, 5525.03, 5525.04, 5525.05, 5525.06, 5525.07, 5525.08, 5525.09
Prior Effective Dates: 01/15/1964, 01/01/1998, 07/01/2002, 03/19/2010