DTI to list contractors facing license revocation

The Department of Trade and Industry (DTI) will release a list of contractors facing license revocation due to issues with the Philippine Contractors Accreditation Board (PCAB).

More PCAB officials are expected to resign, following the resignation of its executive director Herbert Matienzo and two other board members.

Trade Secretary Cristina Roque stated that Matienzo resigned on September 3 due to personal reasons.

The DTI is conducting a comprehensive review of PCAB's operations and will disclose the officer-in-charge of PCAB along with two others who will join the board.

The review was initiated following PCAB's resolution to revoke the licenses of nine construction firms owned by Sarah Discaya, citing potential collusion and schemes stifling procurement activities.

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