Twelve of UKCG’s 30 member companies have not signed the code, despite construction minister Michael Fallon asking all Tier 1 contractors to commit to the code back in November last year. Many construction companies responded positively and signed up within weeks. BAM, Vinci, Costain and Wates dragged their heels but finally signed up in April. Sir Robert McAlpine signed up in June.
The 12 UKCG members that have still not signed the Prompt Payment Code are:
- D+R Scaffold Group
- Galliford Try
- Midas Group
- Shepherd Construction
UKCG describes itself as “the primary association for contractors operating in the UK”. It says on its website: “UKCG’s mission is to promote the UK construction industry and to support its members in delivering excellence by encouraging contractors to work together with their clients and supply chains to promote change and best practice.”
The Prompt Payment Code is administered by the Institute of Creidt Management on behalf of the Department for Business, Innovation & Skills (BIS).
In total, 182 construction industry organisations have signed the code, out of 1,441 signatories from across all sectors.