Topic 2 Flashcards

1
Q

PCAB means

A

Philippine Contractors Accreditation Board

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2
Q

PCAB license is mandated by Philippine Law under____

A

RA 4566 or Contractor’s License Law

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3
Q

ensures lawful and safe activities on building infrastructures in the country

A

Philippine Contractors Accreditation Board (PCAB)

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4
Q

Is an attached agency of the Department of Trade and Industry (DTI)

A

Construction Industry and Authority in the Philippines (CIAP)

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5
Q

PCAB major strategies

A

Contractors Licensing
Registration system with online interface

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6
Q

Architect and Engineers shall stipulate in their___

A

Invitation to bidders and specification

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7
Q

A contractor may engage in these 4 classifications:

A
  1. GENERAL ENGINEERING
  2. GENERAL BUILDING
  3. SPECIALTY
    4.TRADE
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8
Q

It is a government agency that
regulates & accredits construction
companies & professionals to
ensure that they meet specific
standards & qualifications to
engage in construction projects,
particularly government
contracts.

A

PCAB

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9
Q

Republic Act No.
4566 also known as “Contractors’
License Law”, which was enacted
on

A

June 19, 1965

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10
Q

Key provisions of RA 4566

A

a. creation of the PCAB
b. Licensing & accreditation
c. Classification &
Categories
d. Qualifications &
requirements
e. Licensing renewal
f. Regulatory authority

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11
Q

Refers to the accreditation or
license issued by the Philippine
Contractors Accreditation
Board (PCAB) to construction
contractors and related
professionals in the Philippines.

A

PCAB License

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12
Q

It is essential for construction
businesses and individuals who
wish to participate in
government projects and
contracts.

A

PCAB License

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13
Q

key points about the PCAB License

A

a. Accreditation levels
b. Qualification requirements
c. Renewal
d. Government projects
e. Credibility and
competitiveness
f. Application process
g. Fees
h. Compliance regulation

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14
Q

The PCAB license is mandatory for contractors engaged in
construction activities, whether public or private, regardless of
the project’s size or type.

A

PCAB License

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15
Q

It aims to promote fair competition, professionalism, and
adherence to industry standards.

A

PCAB License

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16
Q

Who are required to get a PCAB License

A
  1. Construction Contractors
  2. Construction Companies
  3. Design & Build Firms
  4. Construction Professionals
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17
Q

Any business or individual involved in
construction work, including general contractors, subcontractors, specialty contractors, and those engaged in various construction- related activities,
must obtain a PCAB license

A

Construction Contractors

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18
Q

Companies or corporations involved in construction activities must ensure that they have a valid PCAB license. This applies to both local and foreign companies operating in the
Philippines.

A

Construction Companies

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19
Q

firms engaged in design & build services, where they both design and construct projects, are also subject to PCAB licensing requirements.

A

Design & Build Firms

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20
Q

some individual professionals, such as civil
engineers and architects may need to obtain a PCAB license if they are
directly involved in construction contracting activities.

A

Construction Professionals

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21
Q

Importance of the PCAB License

A
  1. Legally required for government contracts
  2. Credibility and trust
  3. Competitive advantage
  4. Access to a broader range of projects
  5. Standardized qualification criteria
  6. Quality assurance
  7. Safety compliance
  8. Access to funding
  9. Market recognition
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22
Q

Types PCAB Licenses

A
  1. Regular License
  2. Special License
  3. Trade Contractor License
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23
Q

A license awarded to domestic
construction companies classified as a sole proprietorship, a
partnership, or a corporation with at least sixty percent
(60%) Filipino equity.

A

Regular License

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24
Q

A license granted to a consortium, a
foreign contractor, a joint venture, or a project owner who
only allows the construction of a single, specific
project/undertaking.

A

Special License

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25
Q

For contractors focused on
specific trades, such as plumbing or electrical works.

A

Trade Contractor License

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26
Q

Regular License Example:

A
  1. DMCI
  2. EEI
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27
Q

Special License Example:

A
  1. Leighton
  2. Hyundai
28
Q

Trade and Contractor License Example:

A
  1. MIESCOR
  2. CROWN PIPES
29
Q

How long is the validity of the PCAB Regular license?

A

valid for one fiscal year from
July 1 to June 30 of the following year unless
canceled, suspended, or revoked by the board

30
Q

How long is the validity of the PCAB Special
license?

A

license will be canceled by the board when the project for which it was
applied for is completed, even before the fiscal year.

31
Q
  1. New Regular License
  2. Upgrading of License Category
  3. Change of Authorized Managing Officer
  4. Joint Venture-Foreign (New); Consortium-Foreign (New); Foreign
    (New)
32
Q
  1. Revision of Classification
  2. Change of Business Name & Status
  3. Change of Business Name
  4. Additional Project Kind
33
Q
  1. Renewal of Regular License
  2. Joint Venture-Foreign (Renewal); Consortium-Foreign (Renewal);
    Foreign (Renewal)
  3. Registration for Government Infrastructure Projects
34
Q
  1. Joint Venture-Local (New/Renewal/Re-Issuance);
    Consortium-Local (New/Renewal/Re-Issuance)
  2. Public-Private Projects (PPP)
35
Q

AMO means

A

Authorized Managing Office

36
Q

COSH means

A

Construction Safety and Health Seminar

37
Q

AFS means

A

Audited Financial Statement

38
Q

maintains that there will be no contractors that will be allowed to conduct the business of contracting if they haven’t secured first a PCAB License.

A

RA 4566 or theContractors License Law

39
Q

How to process PCAB

A
  1. Download an application form.
  2. Accomplish the form correctly and attached similar supporting
    documents.
  3. Submit an application for checklisting/prescreening.
  4. Pay the required upfront fee.
  5. Wait for license release. The approved license will be mailed
    directly to the owner/firm via courier.
40
Q

The applicant must submit the
accomplished application form, together with the supporting documents and pay the corresponding upfront fees to the ___$

A

Construction Industry Authority of the
Philippines (CIAP) offices

located at the
DTI regional and provincial offices.

41
Q

Road, Irrigation, Dam, Water Supply, Port

A

GENERAL ENGINEERING

42
Q

Plant, Sewerage, Water Treatment, Park

A

GENERAL BUILDING

43
Q

Foundation, Structural, Landscape, Electrical, Mechanical etc..

44
Q

AAAA

A

1,000,000,000

45
Q

AAA

A

180,000,000

46
Q

AA

A

90,000,000

47
Q

A

A

30,000,000

48
Q

B

A

10,000,000

49
Q

C

50
Q

D

51
Q

Trade E

52
Q

Large B

A

Above 225M - Above 450 M

53
Q

Large A

A

Above 150-225M
Up to 450 M

54
Q

Medium B

A

Above 75-150M
Up to 300 M

55
Q

Medium A

A

Above 15-75M
Up to 150M

56
Q

Small B

A

-C&D
-Less than or equal to 15M
-Up to 30 M

57
Q

Small A

A

-Trade E
-Up to 1M
-Up to 1M

58
Q

spanning close to 5 decades of expertise and
experience in building infrastructure, high-rise, commercial, residential, industrial, leisure, and
mixed-use projects. MDC is an ISO-certified company,

A

Makati Development Corporation (MDC)

59
Q

a Quadruple A Platinum contractor, and a wholly-owned subsidiary of Ayala Land, Inc., the largest property developer in the country.

A

Makati Development Corporation (MDC)

60
Q

founded in 1997.
- The company incorporated in 2004 to engage
in general construction which involves site
development, earthworks, structural and civil
works, masonry works, architectural finishes,
electrical works, plumbing and sanitary works,
fire protection works and mechanical works.

A

Megawide Construction Corporation

61
Q

In 2007, Megawide received its Triple A
License from Philippine Contractors
Accreditation Board (PCAB). It also won two of
that year’s largest construction contracts, The Berkeley Residences and Grass Tower 1 of SM Development Corporation.

A

Megawide Construction Corporation

62
Q

The Company has a broad range of construction and
engineering services, with expertise in the construction
of infrastructure, buildings, and industrial and
electromechanical facilities.

A

EEI Corporation

63
Q

Years of contracting and collaborating with global
contractors, particularly in the Middle East, Africa, and
Asia Pacific countries, have enabled EEI to achieve
world-caliber project management expertise and
competencies in all fields and disciplines of construction.

A

EEI Corporation

64
Q

The Company takes pride in its quadruple-A rating as a
General Engineering Contractor; the highest rating for
contractors issued by the Philippine Contractors
Accreditation Board (PCAB) under the Department of
Trade and Industry. EEI holds ISO 9001, ISO 14001, and ISO
45001 certifications for quality, environment management, and occupational health and safety
standards.

A

EEI Corporation

65
Q

Top PCAB License Holders in the
Philippines

A
  1. Makati Development Corporation (MDC)
  2. Megawide Construction Corporation
  3. EEI Corporation