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IMPROVEMENT SEEN IN PAYMENT PRACTICE!

19/02/2019

IMPROVEMENT SEEN IN PAYMENT PRACTICE!

 

The majority of Build UK members have published their payment results for a second time and 75% of Contractor members have improved their performance over the last six months. Across all members, the average number of days taken to pay invoices has fallen from 45 to 43 days and the average percentage of invoices paid beyond terms has reduced from 30% to 26% showing the value of increased transparency. We would urge larger SPRA Specialist Contractor members to check whether they are legally required to report – follow the link to check if your company meet the criteria for reporting.

 

Source: Build UK

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