CN launches payment survey
Construction news has launched a survey about payment practices within the construction industry.
The survey comes shortly after ECA’s call for Government to further ramp up measures against late payers in the private sector supply chain.
In its response to a Government consultation on proposed changes to the Prompt Payment Code, ECA stated that Code signatories should commit to pay 95 per cent of invoices from smaller businesses within 30 days.
Construction News say they will publish their analysis and findings online in December.