Topic 2 Flashcards

(65 cards)

1
Q

PCAB means

A

Philippine Contractors Accreditation Board

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2
Q

PCAB license is mandated by Philippine Law under____

A

RA 4566 or Contractor’s License Law

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3
Q

ensures lawful and safe activities on building infrastructures in the country

A

Philippine Contractors Accreditation Board (PCAB)

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4
Q

Is an attached agency of the Department of Trade and Industry (DTI)

A

Construction Industry and Authority in the Philippines (CIAP)

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5
Q

PCAB major strategies

A

Contractors Licensing
Registration system with online interface

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6
Q

Architect and Engineers shall stipulate in their___

A

Invitation to bidders and specification

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7
Q

A contractor may engage in these 4 classifications:

A
  1. GENERAL ENGINEERING
  2. GENERAL BUILDING
  3. SPECIALTY
    4.TRADE
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8
Q

It is a government agency that
regulates & accredits construction
companies & professionals to
ensure that they meet specific
standards & qualifications to
engage in construction projects,
particularly government
contracts.

A

PCAB

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9
Q

Republic Act No.
4566 also known as “Contractors’
License Law”, which was enacted
on

A

June 19, 1965

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10
Q

Key provisions of RA 4566

A

a. creation of the PCAB
b. Licensing & accreditation
c. Classification &
Categories
d. Qualifications &
requirements
e. Licensing renewal
f. Regulatory authority

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11
Q

Refers to the accreditation or
license issued by the Philippine
Contractors Accreditation
Board (PCAB) to construction
contractors and related
professionals in the Philippines.

A

PCAB License

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12
Q

It is essential for construction
businesses and individuals who
wish to participate in
government projects and
contracts.

A

PCAB License

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13
Q

key points about the PCAB License

A

a. Accreditation levels
b. Qualification requirements
c. Renewal
d. Government projects
e. Credibility and
competitiveness
f. Application process
g. Fees
h. Compliance regulation

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14
Q

The PCAB license is mandatory for contractors engaged in
construction activities, whether public or private, regardless of
the project’s size or type.

A

PCAB License

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15
Q

It aims to promote fair competition, professionalism, and
adherence to industry standards.

A

PCAB License

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16
Q

Who are required to get a PCAB License

A
  1. Construction Contractors
  2. Construction Companies
  3. Design & Build Firms
  4. Construction Professionals
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17
Q

Any business or individual involved in
construction work, including general contractors, subcontractors, specialty contractors, and those engaged in various construction- related activities,
must obtain a PCAB license

A

Construction Contractors

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18
Q

Companies or corporations involved in construction activities must ensure that they have a valid PCAB license. This applies to both local and foreign companies operating in the
Philippines.

A

Construction Companies

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19
Q

firms engaged in design & build services, where they both design and construct projects, are also subject to PCAB licensing requirements.

A

Design & Build Firms

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20
Q

some individual professionals, such as civil
engineers and architects may need to obtain a PCAB license if they are
directly involved in construction contracting activities.

A

Construction Professionals

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21
Q

Importance of the PCAB License

A
  1. Legally required for government contracts
  2. Credibility and trust
  3. Competitive advantage
  4. Access to a broader range of projects
  5. Standardized qualification criteria
  6. Quality assurance
  7. Safety compliance
  8. Access to funding
  9. Market recognition
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22
Q

Types PCAB Licenses

A
  1. Regular License
  2. Special License
  3. Trade Contractor License
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23
Q

A license awarded to domestic
construction companies classified as a sole proprietorship, a
partnership, or a corporation with at least sixty percent
(60%) Filipino equity.

A

Regular License

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24
Q

A license granted to a consortium, a
foreign contractor, a joint venture, or a project owner who
only allows the construction of a single, specific
project/undertaking.

A

Special License

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25
For contractors focused on specific trades, such as plumbing or electrical works.
Trade Contractor License
26
Regular License Example:
1. DMCI 2. EEI
27
Special License Example:
1. Leighton 2. Hyundai
28
Trade and Contractor License Example:
1. MIESCOR 2. CROWN PIPES
29
How long is the validity of the PCAB Regular license?
valid for one fiscal year from July 1 to June 30 of the following year unless canceled, suspended, or revoked by the board
30
How long is the validity of the PCAB Special license?
license will be canceled by the board when the project for which it was applied for is completed, even before the fiscal year.
31
1. New Regular License 2. Upgrading of License Category 3. Change of Authorized Managing Officer 4. Joint Venture-Foreign (New); Consortium-Foreign (New); Foreign (New)
30 days
32
1. Revision of Classification 2. Change of Business Name & Status 3. Change of Business Name 4. Additional Project Kind
15 days
33
1. Renewal of Regular License 2. Joint Venture-Foreign (Renewal); Consortium-Foreign (Renewal); Foreign (Renewal) 3. Registration for Government Infrastructure Projects
10 days
34
1. Joint Venture-Local (New/Renewal/Re-Issuance); Consortium-Local (New/Renewal/Re-Issuance) 2. Public-Private Projects (PPP)
5 days
35
AMO means
Authorized Managing Office
36
COSH means
Construction Safety and Health Seminar
37
AFS means
Audited Financial Statement
38
maintains that there will be no contractors that will be allowed to conduct the business of contracting if they haven’t secured first a PCAB License.
RA 4566 or the Contractors License Law 
39
How to process PCAB
1. Download an application form. 2. Accomplish the form correctly and attached similar supporting documents. 3. Submit an application for checklisting/prescreening. 4. Pay the required upfront fee. 5. Wait for license release. The approved license will be mailed directly to the owner/firm via courier.
40
The applicant must submit the accomplished application form, together with the supporting documents and pay the corresponding upfront fees to the ___$
Construction Industry Authority of the Philippines (CIAP) offices located at the DTI regional and provincial offices.
41
Road, Irrigation, Dam, Water Supply, Port
GENERAL ENGINEERING
42
Plant, Sewerage, Water Treatment, Park
GENERAL BUILDING
43
Foundation, Structural, Landscape, Electrical, Mechanical etc..
SPECIALTY
44
AAAA
1,000,000,000
45
AAA
180,000,000
46
AA
90,000,000
47
A
30,000,000
48
B
10,000,000
49
C
6,000,000
50
D
2,000,000
51
Trade E
100,000
52
Large B
Above 225M - Above 450 M
53
Large A
Above 150-225M Up to 450 M
54
Medium B
Above 75-150M Up to 300 M
55
Medium A
Above 15-75M Up to 150M
56
Small B
-C&D -Less than or equal to 15M -Up to 30 M
57
Small A
-Trade E -Up to 1M -Up to 1M
58
spanning close to 5 decades of expertise and experience in building infrastructure, high-rise, commercial, residential, industrial, leisure, and mixed-use projects. MDC is an ISO-certified company,
Makati Development Corporation (MDC)
59
a Quadruple A Platinum contractor, and a wholly-owned subsidiary of Ayala Land, Inc., the largest property developer in the country.
Makati Development Corporation (MDC)
60
founded in 1997. - The company incorporated in 2004 to engage in general construction which involves site development, earthworks, structural and civil works, masonry works, architectural finishes, electrical works, plumbing and sanitary works, fire protection works and mechanical works.
Megawide Construction Corporation
61
In 2007, Megawide received its Triple A License from Philippine Contractors Accreditation Board (PCAB). It also won two of that year’s largest construction contracts, The Berkeley Residences and Grass Tower 1 of SM Development Corporation.
Megawide Construction Corporation
62
The Company has a broad range of construction and engineering services, with expertise in the construction of infrastructure, buildings, and industrial and electromechanical facilities.
EEI Corporation
63
Years of contracting and collaborating with global contractors, particularly in the Middle East, Africa, and Asia Pacific countries, have enabled EEI to achieve world-caliber project management expertise and competencies in all fields and disciplines of construction.
EEI Corporation
64
The Company takes pride in its quadruple-A rating as a General Engineering Contractor; the highest rating for contractors issued by the Philippine Contractors Accreditation Board (PCAB) under the Department of Trade and Industry. EEI holds ISO 9001, ISO 14001, and ISO 45001 certifications for quality, environment management, and occupational health and safety standards.
EEI Corporation
65
Top PCAB License Holders in the Philippines
1. Makati Development Corporation (MDC) 2. Megawide Construction Corporation 3. EEI Corporation