News
12 Dec 2022
• 1 minute read
ECA’s voice heard on SME payment review
Leading electrotechnical and engineering services body ECA has welcomed the Government’s new review of payment practices for SMEs.
Announced by business Minister Grant Shapps on December 3rd, the Payment and Cash Flow review will scrutinise existing payment practices and the measures in place to make sure small firms are not let down by their larger clients.
The UK has 5.5 million small businesses, which are an integral part of the economy. At time of writing, over £23.4 billion is owed in outstanding invoices to UK businesses.
ECA Director of Legal and Business Rob Driscoll said:
“We applaud the Government’s reassurances and commitment to fairer payment practices for small businesses. The issue of late payment still looms large in the engineering services sector and continues to severely impact our Members’ cashflows, not to mention the devastating impact this can have on their mental health.
“We also welcome the concept of the Procurement Review Unit to build on the role of the Public Procurement Review Service in investigating procurement and payment abuse in the public sector.”
ECA also hailed the strengthening of the UK Procurement Bill, which makes 30-day payment an implied term for most public sector contracts. The Bill is currently being debated in Parliament.
Ahead of the review, ECA was one of six advisers to the Cabinet Office asked by Baroness Neville-Rolfe to a meeting on the fitness for purpose of the UK Procurement Bill after the recent changes in Government.
ECA, through its work with industry umbrella body Actuate UK, has been championing SMEs in the construction industry by helping to draft legislation to protect retentions, ensure 30-day payment, and make payment data transparent.
A full BEIS consultation document is expected to follow in the coming weeks. The 12-week consultation, forming part of the review, will set out specific proposals on renewal and improvement of these duties.
ECAtoday
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IPCC publishes ‘final warning’ climate report
06 Apr 2022
• 1 minute read
Changes to PPE Regulations start today
06 Apr 2022
• 2 minute read
Real-time onsite silica dust detector launched
04 Apr 2022
• 1 minute read
New app to simplify skills card checks
04 Apr 2022
• 2 minute read
Open ECX launch new EDI invoicing platform
04 Apr 2022
• 1 minute read
Common Assessment Standard Updated
31 Mar 2022
• 1 minute read
Contracts push back on 'greenwash'
31 Mar 2022
• 1 minute read
ECA launches UK-wide Amendment 2 Roadshow
29 Mar 2022
• 1 minute read
CLC publishes Guidance Note for Ukraine crisis
29 Mar 2022
• 1 minute read
HS2 signs up to support CO2nstruct Zero
29 Mar 2022
• 1 minute read
ECA welcomes new EV strategy, but warns of potential dangers from low standards
29 Mar 2022
• 1 minute read
ECA pays tribute to Paul McNaughton
24 Mar 2022
Green light for Domestic Electrician Apprenticeship
23 Mar 2022
• 1 minute read
Gov’t answers ECA’s call for 0% VAT on renewables
23 Mar 2022
• 1 minute read
ECA joins calls for unprecedented action on energy prices in Spring Budget
22 Mar 2022
• 1 minute read
Join the ECA Learning Zone with Revizto!
21 Mar 2022
• 1 minute read
Gov’t extends plug-in van and truck grants
18 Mar 2022
• 1 minute read
New hard hats to include MIPS technology
16 Mar 2022
• 1 minute read
BEAMA launches Net Zero systems report
16 Mar 2022
• 1 minute read
First new-style pylons installed in UK
16 Mar 2022
• 1 minute read
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Actuate UK and Energy Systems Catapult boost green skills
14 Mar 2022
• 1 minute read
ECA champions green careers
11 Mar 2022
• 1 minute read
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Sylvania chooses EDATA
09 Mar 2022
IFSEC Global publishes Annual Fire Safety Report
09 Mar 2022
• 1 minute read
ECA asks Europe to focus on Green Deal
08 Mar 2022
• 1 minute read
ECS highlights crucial upskilling role
08 Mar 2022
• 1 minute read
SkillELECTRIC 2022 open for entries
07 Mar 2022
• 1 minute read
New Solar Energy UK report on attitudes to solar
07 Mar 2022
• 1 minute read
CO2nstruct Zero continues to grow
04 Mar 2022
• 1 minute read
HSE issues safety notice on UPS
04 Mar 2022
• 1 minute read
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02 Mar 2022
• 1 minute read
UK’s largest gas-free homes scheme breaks ground
02 Mar 2022
• 1 minute read
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