Who does Estimated Annual Turnover (EAT) apply to?
This applies to the holders of, or applicants for, the following licence classes:
Builder Project Management Services
Building Design Low Rise
Building Design Medium Rise
Building Design Open
Hydraulic Services Design
Hydraulic Services Design (excluding design of on-site domestic waste water management)
Site Classifier
Site Classifier (excluding on-site domestic waste management)
However - this EAT declaration does not apply to the above licensees/applicants who already hold a BSA contractor licence class requiring financial information e.g. this would not apply to a Site Classifier who also holds a Carpentry contractor licence.
What does it mean for applicants/licensees?
Applicants or licensees in the above licence classes, who comply with the prescribed conditions, do not have to provide financial information and can instead provide the required evidence of holding Professional Indemnity Insurance and an EAT declaration.
Does this affect the application process?
No - The application process remains unchanged (see Applying for a Trade Contractor or Designer Licence or Company application pages). Instead of providing financial information, however, you can:
Provide a Professional Indemnity Insurance Declaration - click here to view more PI information; and
Complete a Declaration of Estimated Annual Turnover and provide this with your completed application
What happens at renewal time?
At renewal you will be able to make your declarations of PI and EAT on the renewal form (providing supporting documentation where required) or over the phone using BSA's PhonePay system - click here for more renewing information.
