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  • NFCC 2019

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    Joanna Magdalena
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    The document provides the formula for computing the Net Financial Contracting Capacity (NFCC) which is the current assets minus current liabilities multiplied by 15 times the contract duration of one year or less. As an example, it shows the computation for a bidder with current assets of P1,347,269, current liabilities of P42,953 resulting in a NFCC of P19,564,740.

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    NFCC-2019

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    The document provides the formula for computing the Net Financial Contracting Capacity (NFCC) which is the current assets minus current liabilities multiplied by 15 times the contract duration of one year or less. As an example, it shows the computation for a bidder with current assets of P1,347,269, current liabilities of P42,953 resulting in a NFCC of P19,564,740.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    6 views1 page

    NFCC 2019

    Uploaded by

    Joanna Magdalena
    The document provides the formula for computing the Net Financial Contracting Capacity (NFCC) which is the current assets minus current liabilities multiplied by 15 times the contract duration of one year or less. As an example, it shows the computation for a bidder with current assets of P1,347,269, current liabilities of P42,953 resulting in a NFCC of P19,564,740.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    COMPUTATION FOR THE NET FINANCIAL CONTRACTING CAPACITY (NFCC)

    NFCC = (Current Assets – Current Liabilities) (k)

    k = 15 times the contract duration of one year or less

    Computation:

    Current Assets = P 1,347,269

    Current Liabilities = - 42,953

    P 1,304,316

    X 15

    TOTAL NFCC P 19,564,740

    NONA R. CRUZ
    Concept Enterprises
    Bidder

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