How fees are determined at Technical Safety BC
As an independent, self-funded organization, Technical Safety BC does not receive government funding.
The revenue collected from our fees goes towards:
- contributing to provincial safety oversight;
- making improvements such as introducing new tools and services, to better serve our clients and partners; and
- supporting our operations as a not-for-profit public safety regulator.
How fees are calculated
There are many reasons to set a new fee or adjust a fee, including regulatory or legislative change, changes to the way we administer programs, and client feedback.
When setting a new fee or reviewing an existing fee, we want them to be:
- Simple - Fee categories will be kept to a minimum, standardized, and bundled wherever possible.
- Sustainable - Financial sustainability will be supported by designing fees to cover program costs where possible. Fees are evaluated and adjusted to adapt to changing environment and technology.
- Fair - Fees are designed to reflect safety risk, encourage safety-minded behaviour, reflect fair value, and not to act as barriers to participation. Efforts will be made to ensure that no groups are disproportionately negatively impacted by fees.
All technologies regulated by Technical Safety BC must be independently sustainable so that one technology is not being subsidized by revenue from another technology.
The fee-setting process
- Modelling the program’s direct costs and calculating indirect costs;
- Public consultation on the fee, analysis of feedback, and a consultation report;
- Decision on whether to implement the change or not (taking into account consultation results and program requirements); and
- If the decision is made to implement the change, a 90-day notification period to clients before the fee takes effect.
Questions? Please contact us.