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Wednesday, April 26, 2017
As of 24 March 2017, the Philippine Contractors Accreditation Board (PCAB) issued a total of 9,044 contractors’ licenses for CFY 2016-2017, 84.8% of which were renewing contractors and 15.2% were new entrants.
In terms of size, large contractors (AAAA, AAA & AA) accounted for 5.4 percent of the total contracting population. Medium-sized contractors (A & B) comprised 33.1 percent while small contractors (C, D, Trade/E) still remained the majority of licensed contractors at 61.5 percent.