Re-categorization of revised financial limits,

PCPs requirements & applicable fees:

(with effect from 1st Jan 2016)

Fee Information

All Engineers, Consultants and Constructors/Operators are informed that they can deposit the registration/renewal fee of their licences /certificates in PEC online Account No. (0685 5830 4100 5497) at MCB Corporate Branch (Code 1134), Blue Area Islamabad, through any online branch of MCB nearer to their location. It is important that the acknowledgment receipt must be attached with the case/documents.

Sr. NO Constructor Category Limit of Construction Cost of Project (Million US $)
Net Worth in (Million US $)
Paid-up Capital Financial Soundness
Requirement for Provisional License
Min. No of REs
having Supervisory
License
Professional Credit Points
PCPs (at ontract signing time) Fee (US $)
1 FC-A No Limit
1.5 120
6 100
200 24,000/-
2 FC-B Up to 40
1 75
4 60
120 12,000/-
3 FC-1 Up to 25
0.8 30
3 45
90 10,000/-

Note:
1. Foreign constructor will employ minimum 70% Pakistani engineers and 30% of foreign engineers of relevant discipline/field and technical staff.
2. The company must qualify one of the two columns under Net Worth, Paid up Capital or and Financial Soundness.
3. Initially provisional license will be issued for participation in with 50% of required PCPs and REs OF SUPERVISORY LICENCE with. After award of work standard license will be issued with completion of PCPs.
4. Penalties will be imposed maximum / three times of fees or cancellation of license, if required PCPs are not provided at the time of execution of the contract.
5. Please add 50% additional fee for issuance of licence for 1.5 year valid up to June 30, 2018.


Sr. NO Constructor Category Limit of Construction Cost of Project (Million US $)
Net Worth in (Million US $)
Paid-up Capital Financial Soundness
Requirement for Provisional License
Min. No of REs
having Supervisory
License
Professional Credit Points
PCPs (at ontract signing time) Fee (US $)
1 FO-A No Limit
1.5 120
6 100
200 24,000/-
2 FO-B Up to 40
1 75
4 60
120 12,000/-
3 FO-1 Up to 25
0.8 30
3 45
90 10,000/-

Note:
1. Foreign operator will employ minimum 70% Pakistani engineers and 30% of foreign engineers of relevant discipline/field and technical staff.
2. The company must qualify one of the two columns under Net Worth, Paid up Capital or and Financial Soundness.
3. Initially provisional license will be issued for participation in with 50% of required PCPs and REs OF SUPERVISORY LICENCE with. After award of work standard license will be issued with completion of PCPs.
4. Penalties will be imposed maximum / three times of fees or cancellation of license, if required PCPs are not provided at the time of execution of the contract.
5. Please add 50% additional fee for issuance of licence for 1.5 year valid up to June 30, 2018.



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Pakistan Engineering Council
Ataturk Avenue (East), G-5/2 Islamabad
Ph: (+92-51) 111-111-732 Fax: (+92-51) 2276224