QuestionsQuestions (Republic Act No. 9418)
It requires all contractors to fully accomplish and attach the SAVWA to their applications for renewal.
The Statement of Annual Value of Work Accomplished (SAVWA) is included in the application form for renewal of license, identified as PCAB Form PCAB-PAD-REN-FO1.
Because it serves as an important indicator of the contractor’s financial and technical qualifications, supporting its claimed revenue and experience of its sustaining technical employees.
The application is considered incomplete and shall not be accepted for filing.
Mandatory; contractors must fully accomplish the SAVWA and attach it to renewal applications.
It takes effect starting CFY 2015–2016.
It implies that the SAVWA must be completed in full as required by the application requirements; incomplete SAVWA results in the application being treated as incomplete.
It states that the SAVWA supports the contractor’s claim of experience of its sustaining technical employees.
To ensure the Board receives valuable information for determining the merits of renewal applications and to prevent contractors from failing to complete the SAVWA.
Their failure deprives the Board of valuable information in determining the merits of their application, and an application with construction income but without a fully accomplished SAVWA will not be accepted.
It requires all contractors to fully accomplish and attach the SAVWA for all renewal applications; however, it specifically notes that income from construction without fully accomplished SAVWA makes the application incomplete.
No. Since the resolution requires attaching the fully accomplished SAVWA, omitting it would mean the SAVWA is not fully accomplished/attached, making the application incomplete and not accepted for filing.
The PCAB Board adopted it on 13 May 2014.
It shall not be accepted for filing.