Construction Leadership Council (CLC) chair Andy Mitchell has said he remains concerned about payment delays in the construction supply chain during the pandemic.
In an interview with CM, Mitchell said: “Personally, I would like to see tougher action on late payers. But I think there’s a way of doing that without legislation. We need more visibility of payment league tables, from public clients all the way down through the supply chain. No one wants to be at the bottom.”
Last year, the CLC urged construction companies not to invoke penalty clauses in contracts, warning such actions “will be remembered” and that “all firms should think hard about how their reputation could be damaged by
not doing the right thing”.
The latest Build UK ‘Duty to Report’ figures on construction sector payment performance show Vinci as the quickest paying main contractor, taking an average of 26 days to pay invoices, with Multiplex the slowest, at 55 days.
Build UK fastest paying contractors
1. | Vinci | 26 days |
2. | Morgan Sindall | 27 days |
3. | Sir Robert McAlpine | 28 days |
3. | Mace | 28 days |
5. | Amey | 29 days |
6. | Interserve | 30 days |
7. | Willmott Dixon | 31 days |
7. | Osborne | 31 days |
9. | Wates | 32 days |
9. | Sisk | 32 days |
9. | Laing O’Rourke | 32 days |
9. | Ilke Homes | 32 days |
