Forest compensation fund now operational

FSPCF was created on March 30, 2012 to provide relief to contractors that provided forestry services and were not paid

The long awaited Forestry Service Providers’ Compensation Fund (FSPCF) is up and running, and its website operational.

The website, www.fspcf.com, is well worth a visit: it explains the fund, the act, the mechanism of how the fund will work and is financed, and how adjudication of claims will be processed, eligibility, etc.

The fund and process are managed by Eric Van Soeren, with a five member advisory board.

The website also offers the opportunity to make a claim online, to start the process rolling. A Frequently Asked Questions section answers the basic queries and helps potential claimants understand the various roles and responsibilities of the parties involved.

The website itself is clean, easy to negotiate, and directs you immediately to the information you need.

FSPCF was created on March 30, 2012 to provide relief to contractors that provided forestry services and were not paid for those services because the recipient of the services became Insolvent.

The fund was seeded with $5,000,000 provided by the provincial government.

 

– with notes from Central Interior Logging Association