Members of the Philippine Contractors Accreditation Board (PCAB) are now prohibited from owning construction companies due to conflict of interest, as announced by Department of Trade and Industry (DTI) Secretary Ma. Cristina Aldeguer-Roque.
This policy change follows reports of PCAB board member Erni Baggao owning EGB Construction Corporation, which secured P7.7 billion in flood control projects from 2022 to 2025.
Former PCAB chair Herbert Matienzo also resigned amid allegations linking his office to a scheme involving payments for company accreditation.
The DTI views these actions as part of ongoing efforts to clean up and revamp both agencies.
The list of new PCAB board members, who require extensive experience in engineering or construction, is expected to be announced very soon.
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