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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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01Oct92 HONG KONG: AIRPORT AUTHORITY INVITES BIDS FOR ROADWORKS CONTRACTS.
Hong Kong Provincial Airport Authority has invited consultants to apply for a series of roadworks design contracts at the proposed airport at Chek Lap Kok.It has also invited design finance construction and operation bids for an integrated fuel supply.The roads consultancy package is due to start in February and is split into four phases.They are: the airport section of the north Lantau expressway and airport railway; roads, bridges; and car parks and transport interchanges at the airport ...