Only One in Ten Subbies Paid within Thirty Days

[Jurek]

Basstards. Government does nothing about it:

From ConstructionEnquirer:



"More than 90% of specialist contractors are still having to wait more than 30 days to get paid on public contracts.
The delays come despite Government promises on prompt payment for subcontractors.
The continued abuse of specialists has been highlighted in a major survey by pressure group StreetwiseSubbie.com.
Results show:
94.9% of specialist contractors being paid in excess of 30 days on publicly funded projects
4.7% had to wait longer than 90 days on tax payer funded projects.
On private sector projects, less than 9% of specialist contractors were paid within 30 days.
84% of specialist contractors found other government solutions had ‘no teeth’, including the Construction Act, Prompt Payment Code, and Mystery Shopper.
Barry Ashmore, MD of StreetwiseSubbie.com and ex-specialist contractor, said: “If you have ever run a specialist contracting business, you would know that delaying payment to your labour force or suppliers isn’t an option.
“The lads walk, and the suppliers put you on stop.
“While the Government pump money into infrastructure to improve the economy, this report shows the outlook for small businesses in the UK construction industry is as bleak as ever.
“If the government do not legislate quickly instead of producing meaningless reports and putting forward toothless solutions, then not only is the construction industry under threat of collapse but so is the economic growth we so desperately need.
“Small businesses are the foundation of the industry and the economy; we cannot carry on allowing them to fail… "

Only one-in-ten subbies being paid within 30 days ? Construction Enquirer

Useful Site

Streetwise Subbie | Help for Construction and Engineering Sub-Contractors - Solutions for all Specialist Contractors

 

[malc]

collecting your payment is your most important job. you need to be an expert at this or your business will fail!

 

[plasterjfe]

Been using advise from streetwise subbie for years. Great info there. Hope that one day the govt pay attention to the damn facts

 

[scottie5]

76.3% Of statistics are made up on the spot.
9/10 Americans wont understand this.
Nein/10 germans have a sense of humour.
1 in 3 women are as daft as the other 2.
Grandad told me not to believe everything im told, which was good advice......... or was it....?.

 

[Runswithscissors]

I heard a talk from this company a few months back - have a read through the site and see what you think!

they should open your eyes and make you more proactive and positive about asking for payment terms and negociating your rights!Fair Payment Campaign

Good Luck Guys!!!

 

[Runswithscissors]

Fair Payment Campaign


read the getting paid section - click through to the other sections........

This is a strength in numbers campaign from the constuction industry contractors!

 

[superspread]

I haven't read it but surely most of it is common sense ,also you can't get blood out of a stone no matter what campaigns there are

 

[Runswithscissors]

Agreed Superspread

when working on sites and with bigger MC's and Dev's - they will impose whatever they want, unless you say NO and demand you get treated properly.... this campaign gives a strength in numbers backing - saying you are working as part of the NSCC Fair Payment Campaign (where others say the same) make the MC's and Dev's think and then at the very least negociate with you.....

you have to pay your creditors in time - otherwise they put you on stop..... so, pass it on!

 

[SpankySouthport]

collecting your payment is your most important job. you need to be an expert at this or your business will fail!

What's your process Malc I'm sure everyone would benefit from your knowledge? Such an important part for anyone and a delicate matter

 

[malc]

What's your process Malc I'm sure everyone would benefit from your knowledge? Such an important part for anyone and a delicate matter

you must make it crystal clear that you expect your payment at whatever stage is agreed. the first words that drop out of your mouth is how much, where and when. you will keep the work up to program and the contractor must make sure that your payments are on time. i was talking to a local plastering contractor the other evening who had just received a fine from a contractor for failing to keep a job up to program.
on private work we collect payment on completion, either cash, cheque or bacs for those who do not live in the property. we do not give credit we are a plastering firm not a bank.

 

[keithuk]

you must make it crystal clear that you expect your payment at whatever stage is agreed. the first words that drop out of your mouth is how much, where and when. you will keep the work up to program and the contractor must make sure that your payments are on time. i was talking to a local plastering contractor the other evening who had just received a fine from a contractor for failing to keep a job up to program.
on private work we collect payment on completion, either cash, cheque or bacs for those who do not live in the property. we do not give credit we are a plastering firm not a bank.

Spot on Malc :RpS_thumbup: ,but i think we learn this with age and experience mate :RpS_crying:

 

[superspread]

you must make it crystal clear that you expect your payment at whatever stage is agreed. the first words that drop out of your mouth is how much, where and when. you will keep the work up to program and the contractor must make sure that your payments are on time. i was talking to a local plastering contractor the other evening who had just received a fine from a contractor for failing to keep a job up to program.
on private work we collect payment on completion, either cash, cheque or bacs for those who do not live in the property. we do not give credit we are a plastering firm not a

Agree with everything u say but means absolutely nothing

 

[malc]

you must make it crystal clear that you expect your payment at whatever stage is agreed. the first words that drop out of your mouth is how much, where and when. you will keep the work up to program and the contractor must make sure that your payments are on time. i was talking to a local plastering contractor the other evening who had just received a fine from a contractor for failing to keep a job up to program.
on private work we collect payment on completion, either cash, cheque or bacs for those who do not live in the property. we do not give credit we are a plastering firm not a

Agree with everything u say but means absolutely nothing

you must collect your payments .all trades are very much in demand and you can make your own demands. contractors are trying to push you off with a 5% increase i think it should about 50%

 

[superspread]

you must collect your payments .all trades are very much in demand and you can make your own demands. contractors are trying to push you off with a 5% increase i think it should about 50%

All the time they sign the cheques Malc your f**ked

 

[malc]

All the time they sign the cheques Malc your f**ked

you must be selective who you work for. that is why we turn down site work. i know a small local plastering firm that has a £40,000 overdraft just for builders who miss their payments.

 

[superspread]

you must be selective who you work for. that is why we turn down site work. i know a small local plastering firm that has a £40,000 overdraft just for builders who miss their payments.

I've been doing this well over 30 years I'm very selective but I know how these f***ers work

 

[malc]

I've been doing this well over 30 years I'm very selective but I know how these f***ers work

why do you get involved with them then?

 

[superspread]

why do you get involved with them then?

I don't , most of my stuff is domestic, but feel for the guys that do