The House of Representatives unanimously approved the final reading of House Bill 7808 or the proposed “Contractors’ License Law.”
The bill, principally authored by Rep. Aurelio Gonzales Jr. of the 3rd District of Pampanga, received 200 affirmative votes.
The bill aims to promote the growth of the contracting business by upgrading construction capabilities in public and private sectors and providing for stiffer punishment against violators.
With these, convicted contractors found guilty of misdemeanor as defined in the measure, would be penalized with a fine of not less than P100,000 or 0.1% of the project cost, whichever is higher.
Along with this, they would be prohibited from gaining a contracting license for a period of not less than one year.
When signed into law, the Philippine Contractors Accreditation Board
would also be authorized to collect or apply fees and fines to upgrade its operations.