Question & AnswerQ&A (POEA MEMORANDUM CIRCULAR NO. 01, S. 2001)
The Circular applies to all Philippine Overseas Construction Board (PCOB)-registered companies deploying workers under their employ to projects overseas.
They must submit a written application with a certified copy of a valid PCOB Certificate of Registration and proof of payment of a non-refundable filing fee of P5,000.
Upon approval, they must pay a licensing fee of P30,000, post a cash bond of P100,000, a surety bond of P500,000, and show proof of a P200,000 Escrow Agreement with an accredited bank.
The license is valid for at least two years from the date of issuance and is coterminous with the validity of the PCOB registration unless revoked or suspended earlier.
They must submit a certified copy of the PCOB Certificate of Renewal of Registration, proof of renewed surety bond of P50,000, and certification from the bank that the escrow deposit of P200,000 is intact, along with proof of payment of the P30,000 license fee.
They must submit a letter request for project registration with a project authorization from PCOB including manpower requirements, compensation, and mobilization schedule, and the master employment contract.
They must submit a letter request based on project authorization, a one-time affidavit of undertaking committing to deploy workers only to duly registered projects and proper terms, official receipt of payment, and a computerized system report for administration's info requirements.
New hires receive OECs valid for 120 days, while balik-manggagawa OECs are valid for 30 days.
The Administration can revoke the in-house processing privilege, impose automatic preventive suspension, and conduct audits and inspections for non-compliance.
They must submit a deployment list to the Labor Assistance Center (LAC) at Philippine international airports detailing workers' names, positions, projects, and departure dates, which is then validated and endorsed for monitoring.
Payments must be made immediately a day after the workers' departure, or on the next working day if departure falls on a non-working day.
They must report within 48 hours, submit an affidavit of undertaking explaining the loss circumstances, and publish a notice of loss in a newspaper of general circulation.