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.

SMEs being paid more promptly post-pandemic, study finds

More than half of small and medium-sized enterprises have experienced quicker payment times following improved protection mechanisms implemented during the pandemic. Research conducted by the Chartered Institute of Building (CIOB) found that 52 per cent of 1,400 construction SMEs had seen an improvement in the… The post SMEs being paid more promptly post-pandemic, study finds appeared first on Construction News.

SME payment times improved due to pandemic

Shorter payment times for SMEs, greater collaboration and empathy, better hygiene, and prioritising mental health, are just some of the beneficial changes that have emerged from the pandemic. The Chartered… The post SME payment times improved due to pandemic appeared first on Construction Management.

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.

What is a working day ?

Does the Invoice have any relevance

Right to suspend the works - Notice period conflict

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