A new survey conducted by the CICV has found that Scottish construction businesses continue to struggle with late payments, payment reductions and unresolved disputes. Despite government and industry efforts to address financial challenges in the sector, the poll highlights that there is still a significant gap between purported initiatives and actual improvements in payment practices. […]
The CICV has praised the industry for embracing its drive to improve payments and cashflow – and says the positive response to its recent campaign demonstrates that there is a real appetite for change across the sector.
The CICV has followed up the results of its recent payments survey by issuing a new Best Practice Guide to help contractors and sub-contractors improve cashflow and prevent costly and damaging disputes.
Construction businesses in Scotland are still suffering the scourge of late payments, outstanding retentions and unexpected charges, a new survey by the CICV has revealed. Some 68% of respondents to our poll said their payment terms were altered negatively, with 60% claiming adjustments to payments were made with little or no explanation. And 69% of […]
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 […]
The CICV Forum has added its name to a growing campaign for more collaborative working by signing up to the Conflict Avoidance Pledge (CAP). A joint initiative by the Royal Institution of Chartered Surveyors, the Royal Institute of British Architects, the Institution of Civil Engineers and other major professional bodies in the built environment, the CAP […]
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 […]