Fees
Fees are calculated on the number of residential units in your apartment building.
Annual membership fee: covers administration costs (e.g., for licence fees, website and email hosting, etc), meeting venue costs, and expertise not available from the core CoverWell team. The annual membership fee must be paid for a building to be included in a portfolio of buildings for engaging with an alternative solutions provider.
One-off alternative solutions engagement fee: contributes to the resources required to collect and collate the detailed information required for apartment buildings approved by BC Committees to be part of a portfolio of buildings. This is paid in addition to the annual membership support fee for a building to be included in a portfolio.
A more detailed description of the fees is included in our Charter.
Members will be provided with more detailed information on our activities and, subject to the scope of future portfolios of buildings, may have an opportunity to be included.
Our members are those BC Chairs/delegates of apartment buildings where the annual membership fee has been paid or an invoice requested with a commitment to pay. Once you have the necessary approval from your BC Committee to become a member, please click the “Become a member” button above to request an invoice.
The annual membership period starts on 1 July each year, so those who pay early before 1 July 2024 will get additional time added to the first year membership.
If an apartment building wishes to become a member during the membership year, the fee will be charged on a pro-rata basis.
All members will be invoiced for the annual membership fee annually on 1 July (starting 2025) once the initial fee has been paid.
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01 - 10 residential units: $250
11 - 20 residential units: $500
21 - 30 residential units: $750
31 - 40 residential units: $1,000
41 - 60 residential units: $1,250
61 + residential units: $1,500
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01 - 20 residential units: $1,000
21 - 40 residential units: $1,500
41 + residential units: $2,000
CoverWell is GST registered.
The fees above exclude GST.
GST will be added to the fee(s) when invoiced.