It’s an issue that seems to crop up time and time again, despite the promises from Government schemes and some major contractors. As small businesses and specialists contractors, getting timely payment is key to survival for many and is a problem that still isn’t being resolved.
The following article in The Construction Enquirer is just one example of the plight of many small and medium sized contractors who are the foundation of the industry but yet are put at risk by major contractors who are passing the risk of insolvency down to those least able to deal with it.
http://www.constructionenquirer.com/2012/12/10/stepnell-boss-blasts-slow-paying-major-contractors/
If you are experiencing similar issues, RCC Limited can offer help, guidance or advice to protect your contractual position, obtain your entitlements and to negotiate out of taking such risks.