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CONSISTEL Press Release |
December 2008 |
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CONSISTEL HAS UPGRADED ITS CLASSIFICATION WITH BUILDING
CONSTRUCTION AUTHORITY AND EXPENDITURE PROCUREMENT
POLICIES UNIT, SINGAPORE |
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Singapore - Consistel is pleased to announce that it has upgraded
its classification to L5 contractor with Building & Construction
Authority of Singapore (BCA) and qualified as grade S10 with
Expenditure and Procurement Policies Unit of Singapore (EPPU),”
said Bernard Chan, Group Managing Director of Consistel, “In line
with Consistel’s business goals, this is an important milestone
as it qualifies us to participate in mega public projects.
BCA has upgraded Consistel as L5 contractor under one of the
major groups of the registration heads, ME04 - communications and
security systems and financial grades. BCA’s contractor
qualification is accorded only to companies that have sufficient
resources, experience, technical expertise and good track record
to undertake contracts as defined by the Registration Head and
the allocated grade.
To qualify
for grade L5, Consistel has satisfied the financial requirement of :
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minimum
of S$500,000 paid-up capital
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professional and technical resource with at least 8 years of relevant
experience
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aggregate project values of S$10 million inclusive of a single project with
minimum value of S$1 million in the past 3 years
Consistel
is also qualified under financial grade S10 by Expenditure and Procurement
Policies Unit, Singapore. Grade S10 is given to companies of good financial
standing with:
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net
tangible assets of at least S$4.5 million
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sales
turnover/ revenue above S$15 million in a year
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minimum
paid-up capital of S$2 million
The
Contractors Registry is administered by the Building and Construction Authority
to serve the procurement needs of government departments, statutory bodies and
other public sector organizations. The Registry functions as an administrative
body only for the public sector procurement.
EPPU is
the Expenditure and Procurement Policies Unit which is in charge of evaluating
whether suppliers of goods and services have sufficient financial resources to
undertake large Government contracts.
For
more information, please contact:
Email:
Marketing@consistel.com
CONSISTEL Pte. Ltd.
Tel: +65 6396 7000
About CONSISTEL

CONSISTEL
is the leading independent service provider for wireless and mobile network
solutions in the wireless telecommunications industry. We offer a complete range
of wireless network services, from software applications, business and technical
consultancy to network design, deployment and management. With our highly
qualified professionals in the field of wireless communications located
regionally, Consistel has a pool of talents who are recognized experts in
providing unbiased solutions that bring together all the wireless
telecommunications technologies, thus making your business one that is truly
best of breed. For more information, please visit
http://www.consistel.com |