‘Tis the season when most government offices and other government-related projects are open for bidding by the enthusiastic contractors. Two words for those aspiring bidders: “PCAB License”!
Recently, we encountered an interesting client requirement which is engaged in the repair of roads. When our team of professionals viewed the Category and Classification of the client’s activity based on the standards of Philippine Contractors Accreditation Board (PCAB), it would appear that it falls under the Construction activity. Mind you, there is no further specification nor a distinction between the conduct of full construction of roads, buildings, and the like, compared to that of repairs of roads and buildings. What we are most concerned about is the idea that a client will invest on a license in the amount of PhP45 Million at the minimum.
This is so, because for every category, there is an equivalent classification and a corresponding number of credit points that an applicant for a PCAB License must comply. PCAB has their set of procedures in determining the credit point system. Equally important is the requirement to comply with hiring or installing an Authorized Managing Officer (AMO) who must possess the General and Administrative Decision-making Power in the conduct of the Company’s business.
Additionally, a need to provide technical personnel which must possess the required years of construction experience, depending on the category/classification of the business. In our client’s case, if we proceed with the category under Construction, each technical personnel must bear at least a minimum of 10 years of general engineering experience. One could just imagine how tedious it is to comply with these requirements! And PCAB is, indeed, pretty strict on ensuring that these requirements are specifically complied with.
Thanks to the brilliant minds and passionate souls of Triple i Consulting. Legally, we found a way to assist our client in facilitating its license with PCAB without having to shell out a huge amount of money and also shortened the list of requirements to comply . Currently, we are on the preparation and evaluation stage. And we are optimistic that we are able to make our client overwhelming satisfied with our service!
Want to know how we did it? Email us at email@example.com