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MPs seek Olympic payment protection

NEWS

MPS ARE calling on the Government to tighten up payment security to protect London's 2012 Olympics from the problems plaguing the Wembley Stadium project.

A motion tabled by Clare Curtis-Thomas, chairman of the all-party parliamentary construction group, says payment security 'will be a major factor in the successful delivery of the construction projects for the 2012 London Olympics'.

The motion calls on the Government to introduce payment protection for subbies from third-party insolvency and to introduce greater payment clarity to combat disputes following the DTI's recent review of the Construction Act.

Former construction minister Tony Baldry is among the politicians who have supported the motion so far.

John Nelson, executive secretary of the Specialist Engineering Contractors' Group, said: 'We will be looking to get as many MPs as possible to support this motion as politicians will be mindful that we do not want a repeat of Wembley.'