238-25 Exhibit B.pdf

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SHAUGER PROPERTY SERVICES, INC. 429 DODD STREET EAST ORANGE, NJ 07017 State of New Jersey DEPARTMENT OF THE TREASURY DIVISION OF PROPERTY MANAGEMENT AND CONSTRUCTION 33 WEST STATE STREET P.O. BOX 034 DPM TRENTON, NEW JERSEY 08625-0034 NOTICE OF CLASSIFIGATION [____fravcordance wit N.i.S.A, TeArTBA-27 et seq (Department of Education) and N.J.S.A, 52:35-1 (Department of | the Treasury) and any rules and regulations issued pursuant hare’ your classification —_—____ ft do State work for the Department (s) a8 previously noted. Aggregate Effective || Expiration Amount [Trade(s) & License(s) Date Dato $15,000,000 ‘}{CO6O -ATHLETIC FIELDS/TRACKS/COURTS: 10/07/2024 || 10/06/2026 009 -GENERAL CONSTRUCTION/ALTER,& ADDITIONS. 10/07/2024 ‘056 -SEWER PIPING & STORM DRAINS 10/07/2024 058 “UNDERGROUND WATER & UTILITIES 10/07/2024 « Licenses associated with certain trades are on file with the Division of Property Management & Construction (DPMC). * Current license Information must be verified prior to bid award. + Acopy of the DPMC 701 Form (Total Amount of Uncompleted Projects) may be accessed from the DPMC website at bttps.//www.n/.gov/treasury/domc/Assets/Files/DPMC701.pat, ANY ATTEMPT BY A CONTRACTOR TO ALTER OR MISREPRESENT ANY INFORMATION CONTAINED IN THIS FORM MAY RESULT IN PROSECUTION AND/OR DEBARMENT, SUSPENSION OR DISQUALIFICATION, INFORMATION ON AGGREGATE AMOUNTS CAN BE VERIFIED ON THE DPMC. WES SITE.

State of Now Jersey DEPARTMENT OF TRANSPORTATION PRO, Box 60 ‘Trenton, New Jersey 68625-0600 PHILIP D. MURPHY DIANE GUTIERREZ-SCACCETTL Governar Commissioner SHEILA Y. OLIVER Lt. Governe NOTICE OF CLASSIFICATION THE SHAUGER GROUP, INC. June 19 2024 identification Number: 22-3115660 ‘THE SHAUGER GROUP, INC, 429 DODD STREET EAST ORANGE, NJ 07017 Dear Sir/Madam, in accordance with Title 27:7-35 et seq., and Regulation of the New Jersey Department of Transportation, you are hereby notified that your firm has been CLASSIFIED by the New Jersey Department of Transportation. Please see ATTACHMENT A for your firm’s assigned financial capability, work classification(s), and project rating(s). Your firm's financial capability is based on (net working capital or (Net Worth x 15) + (net book value of construction equipment, less the value of any outstanding loans x 15) + (unsecured lines of credit in accordance with the Questionaire x 7) as determined by the Department fram the information your firm submitted for the Close of Business on 12/31/2023. Please see ATTACHMENT B for explanation. Your firmn’s financial capability is defined as the dollar threshold on the maximum of a project rating, which is assigned by the Department pursuant to N..A.C. 16:44-3.6 upon examination of the contractor's Questionaire and financial statement submitted in accardance with this chapter, Project Rating is defined as the maximum dollar amount that a Centractor shall be allowed to bid in a particular work type on and individual project. This CLASSIFICATION will be effective on 6/28/2024 and willexpireon 6/30/2025 This dénotes your maximum financial capability and project rating{s) are limited to no greater than $10,000,000 since your firm has chosen to submit a CPA review of your financial statements Bid will only be accepted from a contractor classified with the Department pursuant to NJ.A.C. 16:44-3, Bids will only be accepted from a contractor who has been classified in at least one of the work classifications required in the project advertisement. Bids will be accepted from a contractor in an amount that does not exceed its project rating. When there is a question as to whether a bid is within the contractor’s classification or, where it reasonably appears that a contractor may not have the classification that will allow It to bid on a project for which bids are being