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Confederation Comment - Confederation Supports Petition at Number 10 for Payment Practice Reform

 

 

Confederation Supports Petition at Number 10 for Payment Practice Reform 

April 2018

The Confederation of Construction of Specialists has been vocal in its support for the Aldous Bill and the Fair Payments petition. Additionally, the confederation has encouraged all confederation members and the wider construction community to write to their MPs to support the Aldous Bill and to sign the petition. 

The Bill is supported by over 120 MPs and 76 industry trade bodies representing over 355,000 companies and many self-employed professionals. Cross-party support for reform includes Conservatives , Labour, Liberal Democrates, SNP, DUP, Plaid Cymru and the Green Party. 

Gerald Kelly - Confederation General Manager

"I was pleased to to represent the Confederation of Construction Specialists on the day as the confederation has been campaigning for many years to end the unfair retention practice. Retentions drain money away from specialist contractors and stop them using it to invest in their business and workforce. It is an unfair burden that the supply chain should not have to endure and must be stopped. Parliament does agree, in 2002 and 2008, the business Select Committee recommended phasing out the cash retention practice because they were outdated and unfair to small firms. Furthermore, a succession of commissioned reports also agree. The Banwell report, commissioned in 1962, recommended the abolition of the retention practice altogether. The Lathan report, commissioned in 1995, recommended that cash retentions should be at least protected in a trust account. So I urge more MPs to support the Aldous Bill as there is not a fair and  justifiable reason not to!!"


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