Lords Bill shines light on poor payment practices
Engineering services trade bodies ECA and BESA have welcomed the new private members’ bill that Lord Mendelsohn introduced recently in the House of Lords, which contains a number of measures aimed at tackling late payment.
These include greater transparency around payment performance and expanding the abilities of the Small Business Commissioner to include powers to investigate and fine persistent late payers, and confirmation that the construction industry is included within its remit.
ECA director of business & legal Rob Driscoll and BESA director of legal & commercial Debbie Petford said, “We welcome the increased attention that Lord Mendelsohn’s Bill will bring to the issue of poor payment practices. The Bill would specifically deliver on two key policies that ECA and BESA have consistently called for in the lead up to the 2019 general election.”