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B.C. Prompt Payment Survey
For Public and Private Construction
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Are payment delays one of the most challenging issues to your business success?
Yes
No
Clear selection
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
Never
Clear selection
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
Consider insolvency
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?
Yes
No
Clear selection
Getting paid in a timely manner is a significant issue for me
Yes
No
Clear selection
A clear majority [55% or more] of completed work is paid within ____________ of the invoice date?
30 Days
60 Days
90 Days
120 Days
120 Days Plus
Clear selection
What percent of completed work is paid in more than 90 days from the invoice date?
10%
20%
30%
40%
Other:
Clear selection
Construction owners are either private or publicly funded purchasers: Which of the two pays most promptly?
Private
Public
Clear selection
How long does it typically take to receive payment from private purchasers from the invoice date?
30 Days
60 Days
90 Days
120+ Days
Clear selection
How long does it typically take to receive payment from public purchasers from the invoice date?
30 Days
60 Days
90 Days
120+ Days
Clear selection
How many times annually do clients offer/force agreement to terms of payment greater than 30 days?
0-25%
25-50%
50-75%
75-100%
Clear selection
I am a:
Trade Contractor
Other (General Contractor, Supplier, etc.)
Other:
Clear selection
Please expand on which of this fields you work in: (ex. Trade - electrical)
Your answer
Most of my work is in:
Commercial
Industrial
Institutional
Residential
Service
Other:
Clear selection
Of the above listed categories, my work is split into the following percentages:
Your answer
Any additional comments?
Your answer
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