Construction contractors have once again cut the average amount of time they are taking to pay suppliers, with Amey and ISG topping the list.
New data on construction payment performance from Build UK showed that Amey took an average of 14 days to pay, just ahead of ISG on 15 days.
All of the top 10 contractors in the list took fewer than 30 days to pay on average.
The slowest-paying contractors were BAM Nuttall at an average of 41 days, and Engie at 42 days.
The average time contractors took to pay their invoices was 30.2 days.
Contractor | Percentage of invoices not paid within agreed terms | Average time taken to pay invoices | Percentage of invoices paid within 60 days |
Amey | 15 | 14 | 98 |
ISG | 6 | 15 | 99 |
Canary Wharf Contractors | 0 | 18 | 100 |
Costain | 13 | 21 | 97 |
Vinci | 11 | 24 | 96 |
Morgan Sindall | 7 | 25 | 98 |
Wates | 25 | 25 | 96 |
Lendlease | 2 | 26 | 100 |
Morrison Utility Services | 6 | 26 | 89 |
Murphy | 20 | 27 | 91 |
Bouygues | 22 | 27 | 93 |
Galliford Try | 8 | 28 | 98 |
Willmott Dixon | 11 | 28 | 99 |
Mace | 17 | 29 | 94 |
VolkerWessels | 23 | 29 | 95 |
Osborne | 30 | 29 | 93 |
Sir Robert McAlpine | 10 | 30 | 96 |
Laing O’Rourke | 19 | 30 | 93 |
McLaren Construction | 38 | 30 | 99 |
Tilbury Douglas | 39 | 30 | 95 |
Ilke Homes | 31 | 31 | 99 |
Novus Property Solutions | 10 | 33 | 94 |
BAM Construct | 28 | 33 | 95 |
Kier | 19 | 34 | 90 |
Robertson Construction | 17 | 34 | 98 |
Wilson James | 12 | 36 | 96 |
Balfour Beatty | 25 | 36 | 93 |
Multiplex | 21 | 37 | 90 |
Bowmer & Kirkland | 27 | 37 | 95 |
Winvic Construction | 6 | 38 | 96 |
John Sisk & Son | 21 | 38 | 97 |
Seddon | 11 | 39 | 97 |
Skanska | 14 | 39 | 87 |
Graham Construction | 10 | 40 | 96 |
BAM Nuttall | 23 | 41 | 88 |
Engie | 1 | 42 | 97 |
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