B.C. Prompt Payment Survey
For Public and Private Construction
Are payment delays one of the most challenging issues to your business success?
Excluding holdback invoices, how often are you paid within 30 days of invoice date?
100% of the time
Between 75% and 100% of the time
Between 50% and 75% of the time
Between 25% and 50% of the time
Between 1% and 25% of the time
Have payment delays caused you to do any of the following? (click all that apply)
Decide not to bid on a new tender
Decide not to take on apprentices
Decide not to hire more tradespeople
Delay payment to a supplier
Delay payment to a sub-sub-contractor
Lay off workers
Decide not to invest in new capital/equipment
File a lien or take legal action
Would you be able to make more competitive bids on construction projects if the risk of payment delay was minimized or negated?
Getting paid in a timely manner is a significant issue for me
A clear majority [55% or more] of completed work is paid within ____________ of the invoice date?
120 Days Plus
What percent of completed work is paid in more than 90 days from the invoice date?
Construction owners are either private or publicly funded purchasers: Which of the two pays most promptly?
How long does it typically take to receive payment from private purchasers from the invoice date?
How long does it typically take to receive payment from public purchasers from the invoice date?
How many times annually do clients offer/force agreement to terms of payment greater than 30 days?
I am a:
Other (General Contractor, Supplier, etc.)
Please expand on which of this fields you work in: (ex. Trade - electrical)
Most of my work is in:
Of the above listed categories, my work is split into the following percentages:
Any additional comments?
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