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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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24Sep92 UK: VERTICAL TRANSPORTATION LAUNCHES HOIST.
A hoist which can be fitted and removed from pick-up trucks in about 20 minutes and handles loads up to 907 kg, is now available from Vertical Transportation.The Sampson Boom Hoist weighs 3270 kg and is powered by a 12 V truck battery. Its working height ranges from 3.35 to 10.36 m and consists of two 'all weather winches' which control boom and lift functions.Dual switches are mounted on a 6.1 m lead, which allows the operator to control the hoist from an unobstructed vantage point.Vertical ...