To reflect the importance Sir Robert McAlpine Ltd has always placed on the timely payment of our supply chain, the company has signed up to the Prompt Payment Code.
The Code is designed to encourage and promote best practice between organisations and their suppliers. Signatories commit to paying their suppliers within clearly defined terms and to ensuring there is a proper process for dealing with any issues that may arise.
“Signing up to the code sends out a strong message to our existing and future suppliers, not only that they will continue to be paid promptly and as agreed but that we value the services they deliver,” said Head of Procurement Paul Spiller.
Michael Fallon MP, Minister of State for Business and Enterprise, said:
“Prompt payment is critical to the cash flow of every business, and especially to smaller businesses within the supply chain … The certainty of getting paid is really important and enables businesses to plan both for their short and longer term futures.”
To find out more about the code visit: http://www.promptpaymentcode.org.uk/