Majority of construction SMEs being paid more quickly after pandemic

By Daniel Gayne2022-08-30T06:00:00

Source: Shutterstock

CIOB report reveals positive legacy of coronavirus in industry

The coronavirus pandemic has caused a “shift in business” practices with the majority of contractors saying they are being paid more promptly than before the crisis.

That’s according to a report from the Chartered Institute of Building which highlights the positive legacies of the pandemic in the construction industry, improving long standing issues such as collaboration and communication between contractors and clients and worker wellbeing.

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