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CIDB GRADE 3

HomeCIDB GRADE 3

CIDB GRADE 3 REGISTRATION

Welcome to our CIDB grade 3 registration services.

We are an accounting firm that assists construction companies with the registration of their CIDB certificates.

If, you have completed a construction project between the values of R 450, 000 to R 900, 000 within the past 5 years.

We can assist you in building and submitting, in a professional manner, the track record required by the CIDB, for the purposes of your CIDB grade 3 certificate.

No SUCCESS - NO FEE

We guarantee you complete peace of mind by only charging you, once your CIDB grade 3 has been approved & registered by the CIDB.

No hidden costs and all our service fees and work to be done are agreed upon before hand.

See below additional documents and criteria required for the CIDB Grade 3 application.

FINANCIAL STATEMENTS - CIDB GRADE 3

Financial statements play a critical role in the approval of your CIDB grade 3 application.

Infact, the CIDB itself dedicates a whole page about the importance of your financials, which you can view by  clicking here.

We will assist you in creating or assessing your financial statements just to ensure that they comply with the minimum requirements as set out by the CIDB.

This includes assessing whether the revenue and the net assets value as reported within the Annual Financial Statements meets the minimum requirements for the financial and works capability score for the CIDB grade 3.

Remember, once you submit a set of non compliant financial statements and a track record, it may become impossible to retract and resubmit.

OTHER REQUIREMENTS - CIDB GRADE 3

  • Completed Cidb grade 2 – 9 application form – (we shall help you complete this Application Form in a professional manner).
  • CK/CM Company Registration Documents – (this must specifically be the latest COR 14.3 or CK document, the cidb shall reject any other types of company registration documents such as the COR 39).
  • ID Copies – (Preferably colour photocopied ID’s, if using the smart card ID, both sides should be photocopied in colour on a one A4 page and should be certified within the past 3 months. The ID numbers as well as the face should be precisely visible. We can also help you with the latest commissioner of oath’s stamp).
  • Tax Clearance Certificate Pin – (Please note that the tax clearance should not be expiring within at least the next 21 working days from date of submission).
  • Construction Contract – (The construction contract must have a major labour skills clause in it with the ability to allocate the monetary value to the labour component . Supply only contracts will disqualify you for the application).
  • Purchase Orders – (Purchase orders are only required in contracts, whereby the main contract is sub divided into multiple phases. Maintenance contracts also fall within this category).
  • Completion Certificate –  (The completion certificate must meet the minimum requirements).
  • Bank Statements – (Project payments received for the project must be ticked off in totality on the bank statements and matched to the project description, or the remittance advice or the project invoices plus the bank statements must be stamped. Unstamped bank statements will not even be accepted for submission by the CIDB).
  • Remittance Advices(Remittance advices are only required if the CIDB will dispute the project payment reference numbers/descriptions as ticked off on your bank statements. i.e, if they cannot reasonably link back the bank statement payment reference numbers to the contractor’s name as mentioned within the project contract).
  • Bill of quantities – (only required if applying for multiple CIDB classes of work or if the existing contract hints to multiple classes of works).
  • Shareholder’s Certificate – (Only required for PTY companies, we can also assist with the creation of shareholder’s certificate).
  • Financial Statements – (The CIDB rejects financial statements that have a variance of more than 10% with your track record documents. We shall review or do financial statements for you).
  • Vat 201′s. (Please note that the VAT 201 statements are only required if the volume of your bank statements is to high and its impractical to tie the revenue back to the financial statements. If your tax accountant did not submit the correct revenue figures, please do not submit your VAT201 statements, as this would disqualify your application).

DURATION - 21 WORKING DAYS

Lately, the duration for a CIDB grade 3 has improved. Although the official duration is 21 working days, however, it appears that the CIDB grade 3’s are being approved in a period of less than 2 weeks, provided that all documentation is in order.

LET'S GET IN TOUCH - APPLY NOW