The construction payment crisis.
Late and non-payment is rife, disputes are commonplace, margins are too low and cash flow is unreliable. The human and economic cost of the status quo is unsustainable.
Every working day in the UK
£23 million
is wasted due to poor payment practice in construction*
2
construction workers take their own lives**
18
construction businesses go bust***
Sources
*Data from ONS, Dept for Business Innovation and Skills, The Adjudication Society, Pinsent Masons, and Construction Enquirer
**Office for National Statistics
***UK Government Insolvency Service
We CAN do better
Saible has solutions for public and private sector projects across housing, regeneration, commercial development, civils, and infrastructure.
