Tag: cashflow

Cashflow webinar will offer invaluable payment advice

Following the resounding success of its first webinar, the CICV Forum is immediately staging a follow-up event as the sector begins its long-awaited return to work. The latest online webinar will take place on Wednesday 3 June on the crucially important subjects of cashflow and contracts. It will feature three industry experts – Consultant Len […]

After lockdown, managing cashflow will be the real test

Quarry boss Marcus Paine says he’s already looking at life after lockdown – but fears uncertainty over cashflow could leave many SMEs like his family business between a rock and a hard place. The businessman – currently President of CICV Forum member The Stone Federation (GB) – has spent 26 years building up quarrying firm […]

Sector urged to pay it forward when it comes to cashflow

The CICV Forum and Construction Scotland have urged the sector to step up and ensure payments are made on time to safeguard cashflow and ensure business and job survival. As trade and professional bodies continue to pull out all the stops and the Scottish and UK Government provides additional support to keep companies going, the […]

Forum urges vital measures to improve cashflow and save businesses

The CICV Forum has presented Holyrood with a paper of comprehensive recommendations to ease the cashflow crisis as the group continues fighting to save Scotland’s construction sector during the COVID-19 pandemic. The paper, which outlines a series of urgently-needed actions to improve liquidity in the industry, will go to both public and private sector clients, […]

SFT paper addresses impact of COVID-19 on hub contracts

The Scottish Futures Trust (SFT) has produced a paper on how authorities may interpret the provision of the Scottish Government’s Construction Policy Note 1/2020 for existing construction projects in the hub programme. By presenting this view, the SFT hopes that there may be a common approach adopted with appropriate levels of collaboration between authorities and […]

Cashflow piles on agony for businesses, Forum survey reveals

Cashflow has completely dried up for nearly 80% of firms in the construction industry in Scotland, according to businesses which responded to a major survey carried out by the newly-established Construction Industry Coronavirus (CICV) Forum. More than half of firms who took part in the poll also say they’re owed vital monies from public and […]