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CIS Insight 08/2019 SMEs, the economy and security of payment

Publication Year

2019

Document Status

Current

Abstract

Small and medium enterprises (SMEs) make up a substantial portion of the UK’s construction industry and are often used as subcontractors on larger projects. Unfortunately, despite a variety of efforts, there is still a huge problem with main contractors providing their subcontracting SMEs with their portion of a contract’s monies in full and on time.

Author

Sharman, J.

Publisher Information

NBS

NBS are committed to offering distinctive, innovative specification and information solutions to construction industry professionals and are proud to be leading the construction industry in its digital evolution. Their roots lie in the UK's National Building Specification and for nearly 50 years has been helping the construction industry build better and with lower risk. Their future lies in cloud-based technologies and connected data, as they fast become the information marketplace for the global construction industry.

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