CHANGING CATEGORY “TRADE” TO CATEGORY “E”

WHEREAS, Section 5.6 of the Implementing Rules and Regulations
(IRR) of Republic Act No. 4566 (Contractor’s License Law) provides for a
grading scale for contractors from Category AAA, AA, A, B. C, D, and
Trade, in descending order;

WHEREAS, to provide a more descriptive term to Category Trade,
changing the same to “E” will clarify the level or category to where it
belongs; and,

WHEREAS, Category “Trade” category has become the entry level
for contractors with lower financial capability or contractors without a
Sustaining Technical Employee (STE).

NOW, THEREFORE, based on the foregoing premises, the Board RESOLVED the following:

1. Starting CFY 2014-2015, all licenses of Category “Trade” contractors will be issued as Category “E.”
2. Application for specialty classifications will require an
   appropriate STE with at least three (3) of years construction experience
   in the specialty applied for; and,
3. All other requirements for licensing shall be complied with.

21 January 2014, Makati City.

So ORDERED.

(SGD) RAMON F. ALLADO Chairman
(SGD) VICTORINO BENJAMIN V. LAHOZ Member	(SGD) FAROUK M. MACARAMBON, SR. Member
Attested by:
(SGD) ATTY. ANN CLAIRE C. CABOCHAN Officer-in-Charge	(SGD) ATTY. ALEJANDRIA G. GOMEZ Board Secretary