Review of financial assessment criteria of the National Prequalification System (NPS)

Project Number: APD6244

Start: 21-10-2020
End: 31-12-2023

The purpose of this project is to provide a consistent approach to the financial assessment criteria of the Austroads National Prequalification System for Civil (Road And Bridge) Construction and restore confidence in the mutual recognition process for transport agencies. This will lead to greater efficiencies for transport agencies and industry by eliminating the time and cost of duplicated financial assessments, minimising challenges to financial assessment decisions, and improving the ability for appropriately prequalified companies to tender in multiple jurisdictions.

Proposed outputs: Technical report, Updated text for the Financial Assessment section of the National Prequalification System Requirements; Guidelines to assist assessors with decision making in relation to qualitative aspects of the financial assessments; Updated templates; Webinar

Consultants: Vincents

Program: Transport Infrastructure [Project delivery]

Status: Active