8.	The following are the minimum qualification criteria:

a. Contracts of Similar Size and Nature 
Similar Experience in Supply of Electrical Materials. The Bidder should have demonstrated experience as a prime contractor, joint venture member or management contractor in undertaking similar projects with successfully implemented during the last 10 years where the aggregate value of the contract equal to or exceeds of USD 1,000,000.00 and the similar project 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. 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 USD 800,000.00 and its current contracts commitment. For more information of qualification requirements detailed in the Bidding Document.