The Certificate of Recognition (COR) is becoming increasingly important to the non-residential construction industry in Ontario. In 2016, major buyers of construction such as: Metrolinx, Toronto Transit Committee (TTC), Infrastructure Ontario and York Region will all require COR for prequalification of all projects. In 2017, Greater Toronto Airport Authority will also require COR for pre-qualification. This whitepaper will cover the following:
- The benefits of investing in COR
- The break-even contract size for COR investments
- The future of COR and how to deal with the rapidly changing requirements