School Building Authority of West Virginia CONTRACTORS QUALIFICATION STATEMENT SBA FORM 105 the Undersigned Certified under Oath

Understanding the School Building Authority Of West Virginia Contractors Qualification Statement SBA Form 105

The School Building Authority of West Virginia Contractors Qualification Statement, commonly referred to as SBA Form 105, is a crucial document for contractors seeking to participate in projects funded by the School Building Authority. This form serves as a declaration that the information provided by the contractor is true and complete, ensuring transparency and accountability in the bidding process. By signing this form under oath, contractors affirm their eligibility and commitment to adhere to the standards set forth by the authority.

Steps to Complete the SBA Form 105

Completing the SBA Form 105 involves several key steps to ensure accuracy and compliance. First, contractors should gather all necessary documentation, including financial statements, previous project details, and references. Next, they must fill out the form, providing detailed information about their qualifications, experience, and capabilities. It is essential to review the completed form for any errors or omissions before signing it under oath. Finally, submit the form to the appropriate authority as specified in the instructions provided.

Legal Use of SBA Form 105

The SBA Form 105 is legally binding, meaning that any false information or misrepresentation can lead to serious consequences, including disqualification from future projects and potential legal action. Contractors must understand that by certifying the accuracy of the information, they are subject to verification by the School Building Authority. This legal framework is in place to maintain the integrity of the contracting process and ensure that only qualified individuals or firms are awarded contracts.

Key Elements of the SBA Form 105

Several key elements are essential to the SBA Form 105. These include the contractor's name, business structure, contact information, and a comprehensive list of past projects. Additionally, contractors must provide financial information, such as bonding capacity and insurance coverage. The form also requires a statement of qualifications, which outlines the contractor's experience and capabilities relevant to school construction projects. Each of these elements plays a vital role in assessing the contractor's suitability for future projects.

Obtaining the SBA Form 105

Contractors can obtain the SBA Form 105 through the official website of the School Building Authority of West Virginia or by contacting the authority directly. It is advisable to ensure that the most current version of the form is used, as updates or revisions may occur. Accessing the form online allows for easy downloading and printing, facilitating the completion process.

Eligibility Criteria for SBA Form 105

To qualify for submission of the SBA Form 105, contractors must meet specific eligibility criteria set forth by the School Building Authority. These criteria often include having a valid business license, demonstrating prior experience in similar projects, and maintaining appropriate insurance and bonding levels. Contractors should carefully review these requirements to ensure they meet all conditions before completing the form.

Form Submission Methods

Contractors have multiple options for submitting the SBA Form 105. The form can be submitted online through the School Building Authority's designated portal, mailed to the appropriate address, or delivered in person. Each submission method may have different processing times, so contractors should consider their timelines when choosing how to submit their forms. It is essential to follow the specific submission guidelines provided to avoid delays in processing.