To determine the capacity of prospective contractors to implement our infrastructure projects, we require these contractors to undergo an accreditation process.
Below is our accreditation process:
The technical experience and expertise of a contractor are evaluated every year. This will determine if they have sufficient resources to ensure satisfactory completion of projects. Contractors will be evaluated and must meet the minimum requirements as set by the company.
From the contractor's financial statements, the Gross Financial Contracting Capacity (GFCC) is computed using the following formula: GFCC = Working Capital x 4
The value of the GFCC must be at least Five Million Pesos (PhP5,000,000.00) in order for the contractor to qualify.
Contractors that satisfactorily passed the technical and financial evaluation will be endorsed to undergo a 6-month program conducted by a third party knowledge provider.
Contractors that have completed the CCDP will be audited based on the management system audit protocol.
Using this protocol, Maynilad partner auditors will assess the management system of the contractors. Contractors must pass this audit to be officially included in Maynilad's list of accredited contractors.
Maynilad will issue a certificate of accreditation to contractors who have passed all the stages and include them in its database