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In defence of the Prompt Payment Code
There has been much talk in recent months about the government’s strategy on late payment, with frequent references to strengthening of the Prompt Payment Code (PPC).
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This week's must-read
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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:Forecasts
Construction braces for tough 2013 but optimism remains
The construction industry is braced for another tough time in 2013 but expects to see some signs of recovery towards the end of the year, according to new year predictions.