RHA condemns late payment of supplies by large companies
Thursday, 18 November 2010
The Road Haulage Association is in dialogue with the Department of Business, Innovation and Skills and with the Department for Transport over alleged late-payment of haulage suppliers by large companies in the aggregates sector.
In some cases, the companies involved are engaged in supplying materials for large public sector projects, including those for the Highways Agency.
"Hauliers are reporting what appears to be flagrant abuse by large customer companies of what is an unequal commercial relationship. We have seen companies take payment holidays at the expense of suppliers before, in order to strengthen their year-end balance sheet. This appears to be rife in the construction sector at present and we are asking the government to make it crystal clear to the companies involved that such behaviour is unacceptable, particularly if they wish to continue involvement in public sector projects," said RHA director of policy Jack Semple.
For more details, contact RHA Head of Media Relations, Kate Gibbs on . . .
Tel: +44 (0) 1932 838917
Mob: + 44 (0) 7979 531451
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