BWC Support for Acquiring Another Business


If your company is considering purchasing another business, the Bureau of Workers’ Compensation (BWC) can help you assess how the transaction might affect your workers’ compensation costs. BWC will provide a limited release of information about the business that may be transferred.  A new form, Request for Business Transfer Information (AC-4), which both parties must sign, allows BWC to release information about the entity that may be purchased, including accounts receivable, payroll and experience modification history, and most-recent quarterly claims costs. Also, effective Jan. 1, 2016, BWC implemented a new method to determine successorship. This fact sheet provides a detailed description of the new decision-making process and the factors BWC uses to determine if the purchase, acquisition or merger will result in a successorship. Questions?  Contact OMA’s Brian Jackson or your BWC service office.