All payment articles
-
NewsPayment times for a third of firms now faster than government target
Vistry and McAlpine top the list of quickest paying contractors with Barratt top of the tree for housebuilders
-
CommentWe need a construction payments act
Rudi Klein argues that, 25 years after the Construction Act passed into law, it’s time for a new one to finally straighten out payment
-
CommentInsurance pain in the supply chain
Professional indemnity insurance is a growing problem for subcontractors, yet clients and main contractors seem utterly blind
-
CommentA question of scope
A party that wants to limit the scope of an adjudication must be wary of asking questions that accidentally widen the dispute
-
CommentAdjudication in insolvency: any further questions?
The latest instalment in the saga of adjudications involving insolvent companies brings more questions than answers
-
CommentCovid risks are being shunted down the supply chain
Subcontractors should beware of sneaky contractual clauses that force them to carry the bulk of all covid risk
-
CommentCan’t pay, won’t pay
How many steps does it take to get the losing party to pay up as ordered? Extraordinarily many, at times, as this case shows
-
CommentPayment abuse: let’s fix it
Almost three years after the government published its consultation on retentions, why has so little action yet been taken?
-
CommentProject bank accounts come of age
It has taken 21 years for PBAs to become mainstream, but we are finally there
-
NewsCabinet Office rips up existing rules and orders public sector to pay up
Clients told to do their bit as range of initiatives introduced to keep firms afloat
-
-
NewsContractors still missing government pay target as September deadline looms
Overall performance improves but majority of firms not hitting target on 60 days payments
-
NewsGovernment under fire as Kier misses pay targets on public jobs
UK’s second biggest contractor takes 55 days to pay suppliers on public jobs – despite 30 day rule
-
NewsBalfour Beatty and Laing O'Rourke chucked off Prompt Payment Code
Pair joined by Interserve, Costain and Persimmon in being named and shamed by government
-
NewsTier One lay-offs benefiting specialists, says Styles & Wood boss
Axed staff dusting off CVs for smaller suppliers, according to Extentia Group boss Tony Lenehan
-
NewsGovernment pledges five-day payment terms for small firms
All departments will be required to have a dedicated non-executive director responsible for prompt payment
-
CommentIt’s time to amend the public contracts regulations on payment terms
Softly, softly approaches to changing bad practice do not work in the construction industry, says Rudi Klein
-
NewsBig firms' trade body under fire over late pay comments
National Federation of Builders says Build UK’s take on top contractor’s payment performance ‘an insult’
-
NewsGovernment figures reveal how long it takes big builders to pay their bills
Balfour Beatty and Kier top list of poor payers, while Barratt is the quickest to settle up among the top 10 housebuilders and contractors
-
FeaturesNetwork Rail's new payment rules: full speed ahead
Will Network Rail’s ban on retentions spark an industry-wide change, and will this put the squeeze on main contractors?