BCA has been conducting the Annual Return of the Construction Industry under the Statistics Act since reference year 2011. The main purpose of the Annual Return is to obtain detailed information for the compilation of business and economic indicators to monitor the performance of the construction sector. Besides, the information obtained also serves as useful inputs to facilitate the Government in the formulation of initiatives or policies to upgrade the built environment.
Since 19 Aug 2013, BCA has required all larger firms (i.e. A1 to B2) registered under Construction Workheads (CW) of BCA Contractors Registry to complete and submit their firms’ annual returns within the time allowed to maintain their registration status. In order to further enhance the timeliness and quality of data obtained from the Annual Return, BCA now extends the requirement of mandatory submission to all L4 to L6 firms registered under Construction-related Workheads (CR8, CR10 & CR12) of BCA Contractors Registry.
The new requirement for all L4 to L6 firms registered under Construction-related Workheads (CR8, CR10 & CR12) to maintain their registration status will take effect from October 2014 onwards, starting from the Annual return of the Construction Industry for reference year 2013 to be sent out by the Economics Research Department of BCA in October 2014.