Policy on supplier changes to ownership, name or location

Policy on supplier changes to majority ownership, legal name or location.

Policy

Changes to the majority ownership, legal name, or location of a supplier may void their ICBC supplier number. The supplier must re-apply to qualify and continue operating as an ICBC supplier.

A change to the majority ownership, legal name or location of a supplier, requires that the supplier:

  • advise ICBC’s Accreditation Programs department 30 days prior to the change
  • complete a Material Damage Supplier Number – Trade form (CL174)
  • send all supporting documents and the Material Damage Supplier Number – Trade form to ICBC’s Accreditation Programs, and
  • provide and/or allow the facility to be inspected and photographed to ensure the business continues to meet ICBC’s supplier requirements.
Note: Majority ownership is when there is a shared sale or asset transfer between supplier ownership.