Mandatory SAVWA Submission for License Renewal

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PCAB BOARD Resolution NO. 192, S. 2014: Mandatory SAVWA Submission for License Renewal

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Title Source: Supreme Court: Mandatory SAVWA Submission for License Renewal

Law: Pcab Board No. 192, S. 2014

Decision Date: May 13, 2014

Contractors must now submit a fully accomplished Statement of Annual Value of Work Accomplished (SAVWA) with their renewal applications to ensure accurate assessment of their financial and technical qualifications, effective from the 2015-2016 fiscal year.

Law Summary

Purpose and Importance of SAVWA

SAVWA serves as evidence of the contractor's claimed revenue.
It supports the verification of the experience of the Sustaining Technical Employees employed by the contractor.
It is a critical factor in assessing both the financial and technical qualifications of the contractor.

Accountability and Completeness Obligations

Contractors are mandated to fully complete the SAVWA form to provide essential data for the Board's evaluation process.
Applications that indicate income from construction activities but lack a fully accomplished SAVWA will be regarded as incomplete.

Filing and Processing of Renewal Applications

Renewal applications without an accomplished SAVWA shall not be accepted for filing, effectively delaying or denying renewal.

Effective Date and Implementation

The mandatory submission of the fully accomplished SAVWA is to be enforced starting the Calendar Fiscal Year (CFY) 2015-2016.

Legal Authority and Invalidity of Incomplete Applications

The Board may disapprove renewal applications that fail to comply with this requirement based on the lack of crucial information necessary for determining the merit of the application.
This ensures that only duly qualified contractors maintain their licenses, thereby upholding the standards of the construction industry.

Administrative Endorsements

The resolution was officially adopted by the PCAB Board on 13 May 2014.
It was signed by the Chairman, a Board Member, the Director-in-Charge, and the Board Secretary, reflecting full administrative endorsement and directive for strict compliance.

END