Why Contractors Are Embracing Prequalification – When It’s Done Right

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By Peter Spence, VP of Sales & Partnerships, AuditSoft

Peter has 10+ years of experience in the regulatory technology and safety & compliance industry. He was involved in the early rollout of the Certificate Of Recognition (COR) program in Ontario and has completed the IHSA COR Internal Auditor and the Basic Auditing Principles courses. Prior to AuditSoft, Peter worked for the leading provider of global legal and regulatory compliance content, consulting Fortune 500 companies and supporting their rollout of global corporate compliance and auditing programs. Connect with Peter on LinkedIn.

Why Contractors Are Embracing Prequalification – When It’s Done Right

Contractor prequalification has traditionally been viewed as a one-sided process—built to protect hiring clients, often at the expense of time and clarity for contractors. But the landscape is shifting.

AuditSoft brought ContractorXchange to the market to add real value to contractors, not just hiring clients. The result? A fairer, more transparent system that helps qualified contractors stand out.

A Fair, Transparent Process

Many contractors have experienced inconsistent or unclear prequalification demands—often varying by project or client. That inconsistency leads to frustration and wasted time.

ContractorXchange solves this by using a standardized set of transparent questions and documentation requirements across all hiring clients. Whether you’re a small local firm or a national contractor, you’re held to the same clear standards—creating a level playing field.

Straightforward Requirements, Reviewed by Experts

Our process focuses on what matters: insurance, WSIB clearance, health and safety policies, past performance, and key qualifications. Importantly, your company’s safety manual and program are reviewed by a Canadian Registered Safety Professional (CRSP) who provides notes and feedback to help you strengthen your documentation and overall safety posture.

This isn’t a pass/fail gate. It’s an opportunity to build a stronger safety foundation and stand out to clients who care about compliance and quality.

A Verified Marketplace—Built for Contractors and Hiring Clients

Once you’re verified, your company becomes visible in our marketplace; a trusted directory designed to help hiring clients find safe, qualified contractors. Only your contact details, services, and the regions you operate in are visible to hiring clients. Your prequalification responses and documents remain private and secure. This is another opportunity to be discovered for more work—without having to repeatedly submit the same information for every project.

ContractorXchange is built to make prequalification work for you. Relevant questions, expert verification with feedback, and increased opportunity. All while keeping your information protected.

Join the marketplace. Get verified. And put your company in front of the right clients.

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