Tag: supply chain payment charter

Tender prices increasing for specialist contractors

The number of specialist contractors benefiting from increased tender prices is at its highest for eight years but lack of skilled labour and late payment continue to hinder progress according to the latest National Specialist...

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Government’s prompt payment plans not helping SMEs

There is little evidence that the government’s commitment to pay 80% of undisputed invoices within five working days is having the intended effect of helping the UK’s five million small and medium-sized enterprises (SMEs),...

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Moves underway to have retentions placed in trust

A campaign to have cash retentions on contracts placed in trust is gathering pace as construction industry leaders are due to meet with the Department for Business, Innovation and Skills this month. An e-petition has also been...

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New survey to provide a benchmark for payment

NSCC, the National Specialist Contractors Council, and the Federation of Master Builders have joined forces to carry out a major industry survey about payments and provide an industry benmark for payment issues. The aim of the...

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