Government agrees to pay construction contractors early

Mon, 06 Apr 2020

Government agencies have agreed to pay construction contractors early to ensure cash continues to flow through major project supply chains, as part of a joint government sector covid-19 response plan. Rapid payment is one of a raft of kick-start initiatives being worked through by the Construction Sector Accord designed to ensure firms' survival during and after the covid-19 shut down. Last week, Infrastructure New Zealand said the industry was on the brink of collapse unless it was supported, warning that one worker in three could poten...

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