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Of the 14 above mentioned categories, we have been awarded seven financial grades for each of<br />
the following M&E services and our current respective BCA gradings are as follows:-<br />
Category Grade<br />
Electrical Engineering (ME05) L5<br />
Plumbing and Sanitary Works (ME12) L6<br />
Fire Prevention & Protection Systems (ME06) L1<br />
Air-conditioning, Refrigeration & Ventilation Work (ME01) L2<br />
Communication & Security Systems (ME04) L1<br />
Underground Pipeline for Telecommunications (ME14) L1<br />
Integrated Building Services (ME15) L3<br />
These BCA grades limit the contract value of the government agencies’ projects we can directly<br />
tender for. However, the private sector uses this grading as a guide for determining our capabilities<br />
but does not limit the contract value awarded. The gradings awarded by BCA are usually valid for a<br />
period up to three years, and are subject to review at anytime within that period. Our BCA gradings<br />
will be due for review by BCA on 1 April 2001.<br />
Based on BCA Registration Requirements (June 2000 Edition), BCA grades M&E contractors, on a<br />
scale ranging from L1 (lowest) to L6 (highest), based on the following criteria:-<br />
Financial Requirements<br />
Companies must have a minimum paid-up capital and net capital worth of at least 5% of the contract<br />
value tendered for. The latest audited accounts of the companies must also be submitted during<br />
application for verification.<br />
Personnel Requirements<br />
Companies must employ a sufficient number of full-time qualified technical personnel necessary for<br />
each registration grade in Singapore to carry out the work corresponding to the registration grade<br />
applied for.<br />
Track Record Requirements<br />
Companies must have completed projects relevant to their M&E services categories in the last three<br />
years. The total value of these projects must be equal to the tendering capacity of the registration<br />
grades applied for. Relevant letters of award must be presented to substantiate the companies’ track<br />
records.<br />
Additional Requirements<br />
Certain requirements specific to the particular M&E category may be required by BCA, such as the<br />
possession of valid licences. In addition, all companies must be registered with the Registry of<br />
Companies and Businesses (“RCB”).<br />
Tender Process<br />
All our projects are awarded on an invited tender basis. Main contractors competing for new projects<br />
may invite us to provide quotations with respect to the M&E works of the project. Our quotation<br />
would be based on the job and materials specifications of the project. On occasion, our Group may<br />
provide quotations for M&E services to different main contractors competing for the same project.<br />
For “Design-and-build” projects, the developers would invite construction companies and professionals<br />
including architects and engineers specialising in civil, structural and M&E engineering to form a<br />
team to participate in the “Design-and-build” project where each member of the team contributes his<br />
expertise in his area of speciality to achieve a better design. These construction companies may<br />
approach us to form alliances to jointly bid for the project. We would carry out the detailed design<br />
and recommend modifications for the plumbing, sanitary and electrical distribution systems with the<br />
aim of reducing costs for our clients.<br />
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