Month

November 2018
retention money in construction contracts
Retention money in construction contracts. Are things going to change?   The first day of the 2018 Construction News Summit saw Construction Minister Richard Harrington announce that the government policy on retention money in construction contracts is going to change ‘very soon’.   Commentators within the industry are somewhat divided over the issue; between those...
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outsource credit control
Have you considered outsource credit control?   Late payments in the construction industry have long plagued and even killed the livelihood of contractors big and small. If you haven’t already it is time to consider outsource credit control.   It is an issue that is only now being brought to light.   Earlier this year, CN’s report...
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Cashflow issues
Ease Cashflow issues with CRS Credit Control. Anyone who has been following our last series of blog posts will be well aware of the pressure under which UK construction firms are now beginning to crack.   Brexit’s uncertainty, Carillion’s collapse, falling margins and lower lending all spell a picture of doom and gloom in the...
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