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Friday, March 09, 2018
As of 31 December 2018, the Philippine Contractors Accreditation Board (PCAB) issued a total of 11,147 contractors’ licenses for CFY 2018-2019, 88 percent of which were renewing contractors and 12 percent were new entrants.
In terms of size, large contractors (AAAA, AAA & AA) accounted for 5 percent of the total contracting population. Medium-sized contractors (A & B) comprised 29 percent while small contractors (C, D, Trade/E) still remained the majority of licensed contractors at 66 percent.
As to principal classification, General Engineering (GE), contractors accounted for 42.8 percent of the entire population. General Building (GB) contractors consisted of 33.5 percent. Specialty contractors constituted 9.0 percent, while the remaining Trade contractors were 14.7 percent.