Every year UK subcontractors are forced to write-off more than £16,000 each, due to unpaid work, according to a new industry report. The Subcontracting Growth report from specialist funder, Bibby Financial Services (BFS) found that smaller construction firms are at the receiving end of penalty clauses and disputes with main contractors and other firms over
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Construction subcontractors forced to accept contracts or lose business
by Owen Gough • • 0 Comments
Over half of UK subcontractors believe they must accept the terms of contracts with large construction firms, or face the risk of losing future business, according to new research from specialist funder, Bibby Financial Services (BFS). Findings of the Subcontracting Growth survey show that the majority of firms (55 per cent) do not believe they
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