Document 03·Compliance · Licence Track

The 2028 inflection — and the platform that compresses the build.

BCA's firm-based licensing regime, announced 3 September 2025, restructures site supervision around licensed firms. Three pillars define firm eligibility. Elitez Group already operates most of the inputs — for other reasons. The greenfield equivalent build cost is over S$1.2M plus 18 months. For Elitez, the marginal cost is roughly half, and most of it is consulting time.

Pillars

Three pillars of firm-level eligibility.

PILLAR 01

Firm-level systems

→ ISO/IEC 17020 inspection-body framework
→ Up-to-date codes, standards, technical literature
→ Document management system covering all SS records
→ Reports retained ≥ 7 years with redundant storage

PILLAR 02

Key personnel

→ Technical Director: PE (Civil), 3+ yrs QP exp last 5 yrs
→ Two additional QPs as permanent staff
→ Permanent supervisors: 1 RE + 3 RTOs (or 30% of total)
→ Permanent ≥ 12 consecutive months

PILLAR 03

Operational, SOP, tech

→ SOPs covering deployment, acceptance, recording
→ Video / streaming for remote RE/RTO viewing
→ SAC-calibrated measurement technologies
→ Talent dev. plans & per-supervisor training logs

Appendix B · Platform synergy

How Elitez Group assets satisfy each requirement.

Every BCA firm-licensing requirement maps to an Elitez Group asset that already exists. Indicative cost saving versus building greenfield.

BCA Requirement	Existing Elitez Asset	Greenfield Cost	Elitez Cost
ISO/IEC 17020 framework	ISO 9001:2015 group-wide; ISO 27001; SQC. SAC consultant for inspection-body extension.	S$200K	S$60K
Document management — 7-yr retention	Cloud DMS deployed across Group (audit-grade for HR/payroll). Cyber Essentials Mark + DPTM.	S$80K	S$15K
HR plan: competency framework, upskilling, career progression	Adept Academy WSQ-funded curriculum infrastructure. IHRP exclusive partner. WSG-certified career facilitators (only firm in SG).	S$150K	S$40K
Per-supervisor development plan + 12-month training log retention	Built into Elitez Group HRIS. Identical pattern running for Aviation/ALSS supervisors and FMCG team leads.	S$30K	S$5K
Permanent staff retention (12-month rule)	Group's track record of long-tenure employment. Internal benchmark: <15% annual attrition across permanent staff.	Structural	Asset
Talent pipeline (RE/RTO net-adds at Y3 scale)	SP MOU; ITE Work Study Chair; Adept Academy WSQ reskill; SEA presence for foreign source. 6,228 historical placements.	S$100K + 18m	S$20K
Documented SOPs (supervision, deployment, reports)	Group ISO 9001 SOP repository as parent template. Site-supervision SOPs authored by TD on this base.	S$60K	S$20K
Digital platform for storage and visualisation	Configure off-the-shelf platform (Procore-class); integrate with Elitez identity & access management.	S$70K	S$45K
Group governance, audit, finance, payroll	Elitez CFO function, group audit, payroll engine, MOM compliance — all available via Group Services Agreement chargeback.	S$180K/yr	S$60K/yr
Visibility on JAC accreditation policy	ACES advisory committee seat. Co-administers JAC with IES. Information advantage on CPD requirements, course approval, accreditation criteria.	Not buildable	Asset
Visibility on MOM foreign-worker policy	MOM Alliance for Action seat. Human Capital Partnership status. Direct relevance for DRC management and SP-tier policy.	Not buildable	Asset
Environmental sustainability (PQM mandatory since Jan 2025 for tenders >S$50M)	EcoVadis Silver-rated; Carbon Pricing Leadership Coalition member; Sustainability Innovation Award (E50); Champion of Good (NVPC); ISO 14001 in progress.	S$80K + 12m	S$10K
Operating playbook: regulated, accredited talent supply under government scheme	Elitez Aviation under ALSS as exclusive supplier of certified aerospace technicians. Proven model for accreditation management.	Years to build	Existing
Indicative total (Yr-1 buildable items only)	Excluding regulatory-access & operating-playbook items, which are not buildable greenfield at any price	~S$790K + S$180K/yr	~S$223K + S$60K/yr

→ Buildable greenfield delta: ~S$567K + S$120K/yr recurring. Including non-buildable items (ACES insider position, MOM AfA seat, ALSS playbook), the practical advantage is materially larger and partly structural.

Licence track

Elitez Site Supervisor — milestone calendar.

Phase	Months	Deliverable	Owner
Setup & Beachhead	M01–M12	UEN incorporation; ISO 17020 SOPs (draft); recruitment platform; PI insurance; first 20–30 deployed.	Operators + Group COO
Scale & Accredit	M13–M24	SAC application (M14, target Q2 FY28); ISO 17020 mock audit (M17); BCA licence filing within 90 days of SAC accreditation.	Technical Director
Licence target	M22	BCA licence confirmation — 6 months ahead of mandatory deadline.	Technical Director
Licence & Dominate	M25–M36	BCA licence active; scale to 200–300 deployed; specialist competency leadership; first independent public-sector wins.	Operators + Derrick

Even in the downside scenario, Year 3 EBITDA is positive at ~S$0.45M, equity capital is recovered by Month 36, and the BCA licence is still secured (just later). The asymmetry remains favourable. — v4 Proposal · §12.3 Sensitivity analysis

Engage

Building a licence-ready firm? Talk to us.

If you are an existing Tier-3 firm considering consolidation ahead of 2028, or a developer evaluating long-term supervision partners — the Q3 2027 SAC filing window matters.

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04 / Field reportage

The signature is the regulation.

A Senior QP(S) signing off a Site Supervision Plan with the BCA seal on the cover. Under the firm-based regime, the firm — not just the QP — is on the licence. The signature is what the regulation actually looks like, day to day.

Senior Qualified Person Supervision, Indian-Singaporean man in his 60s wearing a white shirt and navy trousers, signing a Site Supervision Plan with a black ballpoint pen, BCA seal partially visible on the document. — **Senior QP(S) · Site Supervision Plan** · BCA seal · interior portrait