National subcontractor organisations are surveying firms to benchmark the state of payment practices the industry

Money

Subcontractor鈥檚 organisations have launched a survey to try and benchmark the current state of payment practices in the construction industry.

The National Specialist Contractors Council and the Federation of Master Builders are conducting a survey of subcontractors鈥� experiences with payment from main contractors.

The survey follows the launch of the Supply Chain Payment Charter by the government-backed Construction Leadership Council earlier this year.

The and will run until 17 October.

Suzannah Nichol, chief executive of the NSCC, said: 鈥淲e are hoping for a big response as it will then provide us with some great data and a benchmark for the Supply Chain Payment Charter.鈥�

She said she hoped to 鈥渄emonstrate that payment is still a major鈥� for small firms in the construction industry.

She added: 鈥淐onfirming that there is a problem is the first step action needs to follow if construction is to realise its full potential and support the growth of the UK economy.鈥�

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