More contractors suspended from Prompt Payment Code

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  1. I would really like to know which clients are also guilty of late payment and just how long it takes to pay. I am aware of the rather crude calculations that can be carried out in ratio analysis but a more accurate survey would be welcome.

    To have a subbie go under during a project is not only tragic from a human point of view but also from a project management perspective.

    I know it is not justified under law but in reality from a cashflow point of view if your client is not paying you it is often very difficult to find the cash to pay your subbies within the 30 day terms.

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