TORONTO — October 5, 2026 — COMPASS by Bespoke Metrics, a leading construction prequalification and risk management platform, today announced the release of the 2026 COMPASS Q Score Default Study, analyzing historical movements of COMPASS Q Scores and default (bankruptcy) rates for the 150,000+ subcontractors registered on the COMPASS prequalification platform.
This annual study evaluates how subcontractor Q Scores change over time, providing transparency into the historical performance of the Q Score and supporting its ongoing validation as subcontractor data changes.
The COMPASS Q Score is the Construction Credit Score that provides a standardized, independent assessment of a subcontractor. Based on a subcontractor’s operational expertise, financial capacity, and health & safety track record, the Q Score provides General Contractors with a consistent starting point for prequalification and a benchmark that can be used alongside other information when assessing a subcontractor.
The 2026 COMPASS Q Score Default Study found that subcontractors with a Yellow Q Score were 3x more likely to file for bankruptcy than those with a Green Q Score, aligning with the increased due diligence requirements for Yellow subcontractors.
Additionally, over the past year, approximately 15% of subcontractors with a Green Q Score migrated to a Yellow Q Score, reinforcing the importance of annual prequalification. Together, these findings provide strong quantitative support for the use of the Q Score.
“The COMPASS default study gives general contractors and insurers a transparent view of how COMPASS Q Scores relate to subcontractor defaults. This is an important step in giving the construction industry a strong basis for assessing subcontractors.”
Huston Loke — Chief Strategy Officer, Bespoke MetricsRead the Default Study
About Bespoke Metrics
COMPASS by Bespoke Metrics is the largest global construction prequalification network, connecting 400+ General Contractors and 150,000+ subcontractors across 33 countries and representing more than $1 trillion in annual construction volume. COMPASS applies a standardized approach to data collection, verification, and subcontractor assessment to manage risk across the construction supply chain. Subcontractors maintain one secure profile and control which General Contractors can access it. Their COMPASS Q Score, the Construction Credit Score, is generated based on their operational expertise, financial capacity, and health & safety track record.
Media contact
Bespoke Metrics · info@compass-app.com · 1-800-689-6819
