The Chancellor singled out the Construction Act, and specifically late payment, as one of the key issues that the new Construction Industry Policy and European Regulations body would address. This is a terrific result for the SEC Group, given its tireless campaigning on this subject since the Act was introduced.
Adjudication is also under the microscope. Particularly the clause stipulating that the one who refers a case to adjudication is required to cover the costs of both parties. Again, this is a massive fillip for the m&e specialist, and further evidence that the Government is giving construction the attention it deserves.
Source
Electrical and Mechanical Contractor
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