Question & AnswerQ&A (PCAB BOARD Resolution NO. 192, S. 2014)
The SAVWA is a document required to be submitted by contractors during license renewal applications that details the annual value of work they have accomplished. It supports claims of their revenue and the experience of their Sustaining Technical Employees.
The SAVWA serves as an important indicator of the financial and technical qualifications of the contractor applicant and helps the Board in evaluating the merits of the renewal application.
Yes, based on PCAB Board Resolution No. 192, S. 2014, all contractors must fully accomplish and submit the SAVWA as part of their renewal application.
An application that shows income from construction but does not include a fully accomplished SAVWA will be considered incomplete and will not be accepted for filing.
The mandatory submission of the SAVWA takes effect starting the Calendar/Fiscal Year (CFY) 2015-2016.
The Statement of Annual Value of Work Accomplished is part of the application form for renewal of license, specifically PCAB Form PCAB-PAD-REN-FO1.
The renewal application will be considered incomplete and will not be accepted for filing if the SAVWA is not fully accomplished and attached.
The resolution was adopted and signed by the Chairman Ramon F. Allado, Member Farouk M. Macarambon, Sr., and attested by Director-in-Charge Atty. Ann Claire C. Cabochan and Board Secretary Atty. Alejandria G. Gomez.
The legal basis is the PCAB Board Resolution No. 192, S. 2014 which mandates the submission of SAVWA as a requirement to assess financial and technical qualifications during license renewals.
Besides revenue claims, the SAVWA supports the experience of the contractor's Sustaining Technical Employees.