Legal basis and implementing form
- The rule is implemented through the renewal application package that includes PCAB Form PCAB-PAD-REN-FO1.
- PCAB Form PCAB-PAD-REN-FO1 requires the Statement of Annual Value of Work Accomplished (SAVWA) to be accomplished by the applicant.
- The resolution is adopted by the PCAB Board to govern acceptance of renewal applications.
- The resolution’s operative requirement is submission of the SAVWA as a required attachment to renewal applications.
Policy purpose of SAVWA requirement
- The resolution treats the SAVWA as part of the renewal application form needed to support the applicant’s claim of revenue.
- The resolution uses the SAVWA to support the applicant’s claim of experience of its Sustaining Technical Employees.
- The resolution recognizes SAVWA as an important indicator of the contractor applicant’s financial and technical qualifications.
- The resolution is intended to address contractor failures to fully accomplish the SAVWA and to ensure the Board receives the information needed to determine renewal merits.
Who must comply; what transaction is covered
- The resolution applies to all contractors applying for license renewal.
- The resolution covers renewal applications submitted to the Board for acceptance for filing.
- The resolution applies to renewal applications where the applicant seeks to support revenue and Sustaining Technical Employees experience using the SAVWA.
Mandatory SAVWA submission rule
- Contractors must fully accomplish the SAVWA in the renewal application process.
- Contractors must attach the fully accomplished SAVWA to their renewal applications.
- The SAVWA requirement is tied to the renewal application form PCAB Form PCAB-PAD-REN-FO1.
- Contractors are required to comply fully so the Board can use the SAVWA in evaluating renewal merits.
Effect on incomplete renewal applications
- A renewal application that shows income from construction must include a fully accomplished SAVWA to be accepted.
- If an application shows income from construction but the SAVWA is not fully accomplished, the application is considered incomplete.
- An incomplete renewal application—defined by lack of fully accomplished SAVWA despite showing construction income—is not accepted for filing.
Time of application: start CFY 2015-2016
- The mandatory SAVWA submission requirement takes effect starting CFY 2015-2016.
- Renewal applicants are bound by the mandatory SAVWA attachment requirement for renewal cycles beginning CFY 2015-2016.
Signatories and formal adoption
- The resolution was ordered by Ramon F. Allado as Chairman, with Farouk M. Macarambon, Sr. as Member.
- The resolution was attested by Atty. Ann Claire C. Cabochan (Director-in-Charge) and Atty. Alejandria G. Gomez (Board Secretary).
- The resolution was formally adopted on 13 May 2014.