The CLC is committed to improving payment performance as part of its Business Models and Fair Payment workstream, and this month marks five years since Build UK began benchmarking the payment terms of its members and the wider industry, following the introduction of the Duty to Report Regulations.
Compiling the data in a table on its website has enabled Build UK to present a consistent picture of payment practices within the industry, transforming the culture around payment and resulting in significant improvement, particularly amongst Build UK members.
The full new story can be found here.
