Applicants that fail to meet the eligibility criteria will not be included on the IBL. Likewise, businesses on the IBL that cease to meet the required criteria will also be removed from the list.

A listing on the IBL provides Inuvialuit businesses with the opportunity to access the contracting preferences as outlined in the Inuvialuit Final Agreement, Inuvialuit Land Administration permits, Cooperation and Benefits Agreements and other economic agreements signed between IRC, government and industry.