Balfour and Kier launch pay schemes

摘要

Balfour Beatty and Kier have become the latest main contractors to set up new payment schemes designed to help the cash flow of their suppliers. Balfour Beatty announced the roll out of its supply chain finance scheme on Wednesday (25 September), which it said would allow its suppliers to access money owed to them as soon as an invoice was approved - in return for payment of a small charge -rather than wait until their agreed payment terms.