Registering 200 “ayes” and 0 “nays” during plenary session on Monday, February 15, the Lower House approved on final reading House Bill 7808 which proposes to amend Sections 35, 347, 38, 39 and 40 of Republic Act No. 4566 or the Contractors’ License Law.
“We are updating the 56-year-old law, which Congress enacted in 1965 before martial law, to ensure that only qualified and reliable contractors are allowed to undertake construction in the country,” he said. Under House Bill No. 7808, violators of the law like a person or contractor who participates in a bidding or actually engages in construction without a license from the Philippine Licensing Board for Contractors would face a fine of not less than P100,000 or .1 percent of the project cost, whichever is higher.
Failure to do so would automatically disqualify them from such project. Additionally, they would face a fine of .1 percent of the project cost.
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