Over £1bn cash retentions held from UK top construction companies: SMEs mainly at risk

An analysis of the accounts of the UK’s top 12 construction companies has revealed that the 9 which published separate figures for retentions are owed more than £800m, indicating that the 12 together are owed ...

By | 16 February 2017|Categories: Articles, Press Statements|Tags: , , , , , |0 Comments

SEC Group responds to Chancellor’s Autumn Statement

WELCOME FROM CONSTRUCTION INDUSTRY FOR AUTUMN STATEMENT The Specialist Engineering Contractors’ (SEC) Group  – representing the largest sector of UK construction (by value) – has welcomed the Chancellor’s Autumn Statement. SEC Group’s CEO, ...

By | 23 November 2016|Categories: Press Statements|Tags: , |0 Comments

Follow-up survey of Welsh local authorities’ procurement practices

This short report is based upon a survey of local authorities in Wales that was carried out in the first quarter of 2016. The local authorities which responded are listed at Annex 1. The survey ...

By | 23 August 2016|Categories: Surveys - Wales|0 Comments

Follow-up report on procurement practices in English local authorities

In September 2014 the Specialist Engineering Contractors’ (SEC) Group published a report titled: Payment Practices and Pre-Qualification in Public Sector Construction. This was based upon a survey of public bodies (local authorities, health trusts, police ...

By | 23 August 2016|Categories: Surveys - UK|0 Comments

Leading Construction Body Calls on PM to Activate Productivity Action Plan

The Specialist Engineering Contractors’ (SEC) Group has written to the Prime Minister seeking confirmation that construction is within the remit of the new Economic and Industrial Strategy Cabinet Committee. SEC Group – which represents the ...

By | 15 August 2016|Categories: Press Statements|0 Comments

Read Your Payment Terms First

Barrister, Professor Rudi Klein, advises on the importance of being clear on your payment terms Go to your payment terms first When initially presented with contractual documentation, always check the payment terms first.  If they ...

By | 11 July 2016|Categories: Articles|0 Comments