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It's time to ditch the Prompt Payment Code
Construction News recently reported Phillip King, CEO of the Chartered Institute of Credit Management, as saying Carillion was not reported to the Prompt Payment Code Compliance Board over its late payment to subcontractors.
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Double jeopardy risk exposed with collateral warranties
Amec’s recent case highlighted how you can end up facing two claims for the same issue if the first payout isn’t used to carry out the work, as William Drewery explains.
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- You are here:Financial
Hyder Consulting profit falls to £3.2m
Pre-tax profits at Hyder Consulting fell to £3.2 million in the year to March 2009 as a result of restructuring costs.