This matters enormously for contractors — a tender may specifically ask for a valid Letter of Good Standing, not merely proof that the company is registered with COIDA. A business can be COIDA-registered but still need to ensure its account and compliance position genuinely support a valid LOGS before submitting it.
Source: Department of Employment and Labour
Frequently Asked Questions
What does the Department require for a Letter of Good Standing to be issued?
The Department states a Letter of Good Standing is issued to an employer that has paid the fees due, on top of being registered and up to date with Returns of Earnings.
Can a Letter of Good Standing be verified?
Yes — the Department provides an online facility for verifying the authenticity and validity period of a Letter of Good Standing using its certificate number.
What should a business do if a tender asks for a Letter of Good Standing?
Check exactly what the tender requires and verify the actual Letter of Good Standing, rather than submitting general COIDA registration documents and assuming they're equivalent.