Late payment reform’s Catch-22

The government closed its consultation on payment times and retentions reform in October, as the latest attempt to solve a problem that has been the subject of debate in the construction sector for many years. But any attempt to overhaul it is not risk-free. Recent… The post Late payment reform’s Catch-22 appeared first on Construction News.

Travis Perkins suppliers stunned as payment times increase

Builder's merchant giant could now take nearly three months to pay bills

Amey, ISG and Costain industry’s quickest payers – list

Controversial self reporting payment data shown payment times improving

Tier Ones improve payment times, Build UK says

Bigger firms taking average of 30 days to settle up

Construction payment times ‘getting later’

More than half of all invoices sent to construction firms were paid late last year, an analysis has found. The proportion of late invoices “significantly increased” to 52.9 per cent across the sector in 2022, a rise of 13 per cent compared with 2021. Data… The post Construction payment times ‘getting later’ appeared first on Construction News.

Statutory Payment Notification Obligations - A Society of Construction Law paper September 2021

A paper published by the SCL and written by PhD research student Charalampos (Harry) Meliniotis discussing and comparing statutory payment notification obligations under UK and New South Wales legislation.

Right to suspend the works - Notice period conflict

Will the Construction Industry be forced to, or choose to, adopt Cryptocurrencies?