PCAB BOARD RESOLUTION NO. 194, S. 2014, May 13, 2014

[ PCAB BOARD RESOLUTION NO. 194, S. 2014, May 13, 2014 ]

ASSESSMENT OF AN ADDITIONAL LICENSE FEE FOR GOVERNMENT REGISTRATION FILED AFTER EXPIRATION

Adopted: 13 May 2014 Date Filed: 20 June 2014

WHEREAS, Registration to participate in government projects is a requirement under the Revised Guidelines for Registration and Classifications and R.A. No. 9184;

WHEREAS, due to the three-year validity of the Registration reckoned, contractors fail to file their applications for re-registration even as PCAB accepts application three months prior to expiration;

WHEREAS, to aid contractors in the filing of their re-registration before expiration, PCAB has synchronized the expiration of government registration to coincide with the expiration date of the license;

WHEREAS, there are contractors who continue to undertake government projects even after the government registration has expired and the contractor has not renewed the same; and

WHEREAS, undertaking government projects without a valid registration is tantamount to undertaking construction without a valid license which is subject to an Additional License Fee of Php5,000 per year or a fraction thereof of nonrenewal.

NOW, THEREFORE, based on the foregoing premises, the Board RESOLVED to similarly assess all re-registration applicants with existing projects after the expiration of the registration the Additional License Fee of Php5,000 per year or a fraction thereof of non-renewal. This Resolution shall take effect after a period of fifteen (15) days from publication in a newspaper of general circulation.

SO ORDERED.

13 May 2014, Makati City, Philippines.

(SGD) RAMON F. ALLADO Chairman

(SGD) FAROUK M. MACARAMBON, SR. Member

Attested by:

(SGD) ATTY. ANN CLAIRE C. CABOCHAN Director-in-Charge

(SGD) ATTY. ALEJANDRIA G. GOMEZ Board Secretary