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.
Tag: retentions
CICV offers Best Practice Guide and webinar to help with cashflow
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.
Industry still blighted by serious payment issues, CICV survey reveals
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 […]