secgroup.org.uk
Leading construction industry body applauds Highways England payment strategy for supply chain
Since 2009 Highways England, one of the largest public-sector clients in construction, has championed Project Bank Accounts as their default arrangement for construction projects worth more than a total of £5m. In doing so, not only are they saving tax-payers’ money by generating efficiencies of around 1% but have also reduced their average payment cycle