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Monday, July 31, 2017
As of 24 July 2017, the Philippine Contractors Accreditation Board (PCAB) issued a total of 9,670 contractors' licenses for the CFY 2016-2017, 80.8 percent of which were renewing contractors and 9.2 percent were new entrants.
In terms of size, large contractors (AAAA, AAA & AA) accounted for 5.3 percent of the total contracting population. Medium-sized contractors (A & B) comprised 32.1 percent while small contractors (C, D, Trade/E) still remained the majority of licensed contractors at 62.6 percent.