Section 247.42. Ratings.

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The overall financial rating is expressed as a number truncated to the number of thousands for purposes of identifying a numerical rating in any given work classification. For example, an overall financial rating of $1,000,000.00 is converted to 1,000, a financial rating of $1,105,000.00 is converted to 1,105, and a financial rating of

$10,000.00 is converted to 10. Bidders may be given a full numerical rating, which is equal to the bidder's overall financial rating, or a partial numerical rating, contingent upon the results of an evaluation of the bidder being made by the department under these rules.

History: 1979 AC; 2002 AACS; 2009 AACS.

                    
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