Construction Rant

SMEs still suffering from late payment problems

In the current economic downturn, it is increasingly common for big companies to delay payments to smaller suppliers and use bullying tactics to legitimise such practice. While we can lobby these big companies to restrain from late payment, it is...

Posted by Will Mann on November 10, 2008 5:24 PM

Specialist contractors should pay closer attention to their contracts

So much for the benefits of working in partnership with the supply chain to reduce costs! Many in the industry have spent vast amounts of time effort and paper extolling the benefits of working together for a better industry. I...

Posted by Will Mann on August 5, 2008 6:09 PM

Will project bank accounts really address payment problems?

Will project bank accounts really address payment problems? We already have several pieces of legislation dealing with late payment. If these haven't improved payment practices, why should a voluntary arrangement on project bank accounts make any difference?...

Posted by Will Mann on May 15, 2008 10:26 AM