NET FINANCIAL CONTRACTING CAPACITY (NFCC)

A. Summary of the Applicant Firms / Contractors assets and liabilities on the basis of the
attached income tax return and audited financial statement, stamped RECEIVED by the
Bureau of Internal Revenue or BIR authorized collecting agent, for the immediately preceding
year and a certified copy of Schedule of Fixed Assets particularly the list of construction
equipment.
1.
2.
3.
4.
5.
6.

Total Assets
Current Assets
Total Liabilities
Current Liabilities
Total Net Worth (1-3)
Current Net Worth or Net Working Capital (2-4)

Year 2012
265,234,943.17
151,827,864.00
49,147,224.65
49,147,224.65
215,637,718.52
102,680,639.35

B. The Net Financial Contracting Capacity (NFCC) based on the above data is computed as
follows:
NFCC = [10 (151,827,864.0049,147,224.65)-102,962,807.67] minus value of all outstanding
works under ongoing contracts including awarded contracts yet to be started
NFCC = P 923,843,585.83
K = 10 for a contract of one year or less, 15 for more than one year up to two years and 20 for
more than two years
Herewith attached are certified true copies of the income tax return and audited financial
statement: stamped RECEIVED by the BIR or BIR authorized collecting agent for the
immediately preceding year. In lieu of the NFCC, the bidder may submit a commitment from a
licensed bank to extend a credit line.

Submitted by:
C.B. GARAY PHILWIDE BUILDERS
Name of Firm / Contractor
_______________________________
Signature of Authorized Representative
Date :
NOTE:
1. If Partnership or Joint Venture, each Partner or Member Firm of Joint Venture shall submit the above
requirements.