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Fair Payment Terms for Specialist Contractors!

Published 21 September 2016

Referring to the Dunne Group collapse, SNP MP Martyn Day, according to the Construction Enquirer, has asked for a “… ministerial statement or debate in Government time on what steps the Government is taking to ensure better payment standards for contractors”. Well, we at the Confederation of Construction Specialists can think of a few steps that should be immediately taken to ensure better payment standards for specialist contractors:

  • Automatic compensation (at a punitive rate) for any late payment receipt (beyond agreed terms).

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