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New law imposes stiff penalties vs violators of contractors license law

Violators of Republic Act No. 4566 or the Contractors’ License Law will soon face stiffer penalties under a new law signed by President Duterte. Duterte on Tuesday finally signed RA No. 11711, which expanded the provisions of Sec. 35 of RA 4566 on prohibited acts.   The new law imposes penalty…

PRRD signs amended contractors law; stiffer fines imposed

President Rodrigo Duterte (PCOO) MANILA - President Rodrigo Duterte has signed Republic Act (RA) 11711 amending the existing Contractors' License Law to modify the renewal process, increase fees, and impose stiffer penalties. Under the new law inked on April 27 and which amended RA 4566, any contractor who undertakes a construction work without first securing a license to engage in the business of contracting will face a minimum fine of PHP100,000 to a maximum fine of PHP500,000, plus the equivalent of one-tenth of 0.1 percent of the project cost. The offending party will also be prohibited from obtaining a contractor's license for one year. Any person who will provide false evidence to obtain a license certificate will be slapped with a minimum penalty of PHP500,000 to a maximum penalty of PHP1 million, as well as prison term for a minimum of one year to a maximum of six years. RA 4566 merely imposed a fine of not less than PHP500 but not more than PHP5,000 to violators. The n

PRRD signs amended contractors law; stiffer fines imposed

President Rodrigo Duterte (PCOO) MANILA - President Rodrigo Duterte has signed Republic Act (RA) 11711 amending the existing Contractors' License Law to modify the renewal process, increase fees, and impose stiffer penalties. Under the new law inked on April 27 and which amended RA 4566, any contractor who undertakes a construction work without first securing a license to engage in the business of contracting will face a minimum fine of PHP100,000 to a maximum fine of PHP500,000, plus the equivalent of one-tenth of 0.1 percent of the project cost. The offending party will also be prohibited from obtaining a contractor's license for one year. Any person who will provide false evidence to obtain a license certificate will be slapped with a minimum penalty of PHP500,000 to a maximum penalty of PHP1 million, as well as prison term for a minimum of one year to a maximum of six years. RA 4566 merely imposed a fine of not less than PHP500 but not more than PHP5,000 to violators. The n

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