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Download Construction Supply Chain Payment Charter Factsheet: 1. Is It Mandatory? by ['Tharaka Kodippily'] in PDF format completely FREE. No registration required, no payment needed. Get instant access to this valuable resource on PDFdrive.to!
About Construction Supply Chain Payment Charter Factsheet: 1. Is It Mandatory?
The document discusses the Construction Supply Chain Payment Charter, which sets payment terms of 30 days for construction contracts. It aims to create a more collaborative culture and sustainable supply chain. The Charter is voluntary and outlines 11 fair payment commitments, including reducing payment terms to 30 days by January 2018. While the Charter adds to existing legislation, it is not mandatory and relies on reputational risk to enforce compliance. It will require more signatories and a monitoring framework to have meaningful impact on improving cash flow in the construction industry.
Detailed Information
| Author: | ['Tharaka Kodippily'] |
|---|---|
| Publication Year: | 2020 |
| Pages: | 3 |
| Language: | English |
| Format: | |
| Price: | FREE |
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