Short answer
A COIDA letter of good standing confirms that an employer is registered with the Compensation Fund and up to date with its obligations. To obtain one, you generally need to be registered, have submitted your returns of earnings and have paid your assessments.
What a letter of good standing is
The letter is issued by the Compensation Fund as proof that an employer is registered and compliant with COIDA. Letters are valid for a limited period.
Who asks for one
- Tender panels, as part of bid requirements.
- Principal contractors, before subcontractors start work.
- Clients who need proof that workers are covered.
What you need
- Registration with the Compensation Fund.
- Returns of earnings submitted for the required periods.
- Assessments paid or arranged.
- Up-to-date registration details.
What can block your letter
- Outstanding returns of earnings.
- Unpaid assessments.
- Outdated or incorrect registration details.
Plan renewals ahead of contract deadlines — resolving outstanding items can take time.