Assessment of Additional License Fee for Late Gov't Registration

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PCAB BOARD Resolution NO. 194, S. 2014: Assessment of Additional License Fee for Late Gov't Registration

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Title Source: Supreme Court: Assessment of Additional License Fee for Late Gov't Registration

Law: Pcab Board No. 194, S. 2014

Decision Date: May 13, 2014

PCAB Board Resolution No. 194 mandates an additional license fee of Php 5,000 per year for contractors who fail to renew their government registration before expiration while continuing to undertake government projects.

Law Summary

Validity of Registration and Re-Registration Timing

Registration validity lasts for three years.
Contractors are allowed to apply for re-registration three months prior to expiration.
Despite this, many contractors fail to file their re-registration on time.

Synchronization of Expiration Dates

PCAB aligned the expiration of government registration to the expiration date of the contractor's license to facilitate timely re-registration.

Undertaking Projects Without Valid Registration

Some contractors continue to execute government projects even after their government registration has expired and without renewing it.
Such acts equate to undertaking construction without a valid license.

Additional License Fee for Late Registration

Contractors who submit their re-registration after expiration, especially if they have ongoing government projects, will be assessed an Additional License Fee.
The fee is Php5,000 per year or a fraction thereof for each year of non-renewal.

Implementation and Effectivity

This assessment policy applies to all re-registration applicants with existing projects after registration expiration.
The resolution took effect fifteen (15) days after publication in a newspaper of general circulation.

Governing Authority and Documentation

The resolution was adopted by the PCAB Board on 13 May 2014.
Signed and attested by PCAB officials, including the Chairman, a Board Member, the Director-in-Charge, and the Board Secretary.

END