We need move quickly to tackle late payment abuse says SEC

摘要

The Specialist Engineering Contractors' (SEC) Group - representing the largest value sector in the UK construction - welcomes Government's efforts to address the practice of late payments and the commitment to change the culture of unfair treatment of SMEs and illegal practices, but there is still more to be done to ensure implementation and enforcement. SEC Group is pleased to see Government adopting the view that the role of the Small Business Commissioner should be strengthen with powers akin to the Groceries Code Adjudicator and taking responsibility for company compliance with the Prompt Payment Code. This is something that SEC Group has strongly argued for and we will expect to see more detail on these proposals in the forthcoming consultation.