a. Contracts of Similar Size and Nature 
Contracts of Similar Size and Nature (Similar Experience in Operation and Maintenance of Power Plants with engine size of W18V46).
The Bidder should have demonstrated experience as a prime contractor, joint venture member or management contractor in undertaking similar projects with at least 1 similar project successfully implemented during the last 10 years where the value of the contract equal to or exceeds of USD40,000,000.00 and these similar projects have been successfully completed or substantially completed.

The similarity of the contractor participation shall be based on the physical size, nature of works, complexity, methods, technology or other characteristics of the contract.
b.  Soundness of the Bidder's Financial Position
Submission of audited balance sheets or, if not required by the law of the Bidder's country, other financial statements acceptable to the Employer, for the last three (3) years. A Bidder's net worth calculated as the difference between total assets and total liabilities should be positive.
b. Cash Flow Capacity
Available working capital of recent year or cash in bank or stand-by line of credit from a financial institution to meet the project cash flow requirement of USD13,500,000.00 and its current contracts commitment.