Sec. 46. (a) A prequalification administrator may recommend to an entity that a contractor's certificate of qualification be suspended if:
(1) the contractor's work is unsatisfactory;
(2) the rate of progress is such that the prequalification administrator determines that the contractor will be unable to complete the contract on time; or
(3) the contractor has failed to adequately document a current or previous contract.
(b) Notification of a suspension shall be made in writing and shall become effective on the date determined by the entity. A suspension may be lifted when the entity determines that the contractor has taken the necessary corrective action.