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Construction supply chain payment charter

Posted on: 25 April 2014
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Filed under: News

The Construction Supply Chain Payment Charter has been agreed by the Construction Leadership Council (CLC), the body set up to deliver the government’s industrial strategy for construction. The charter sets out 11 ‘fair payment commitments’. These include a commitment to reduce payment terms to a supply chain to 30 days from January 2018. The charter also sets out stages before this: terms of 45 days from June 2015, and 60 days with immediate effect.

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