Industry Watch – Payment Protection – Why the US and Other Leading Nations Need Payment Protection Legislation and What Procurement Can Do in the Meantime.

Throughout the world legislative actions are transforming the way the construction industry behaves.  These legislations are not only protecting trade contractors from unfair practices, they are protecting Owners too.

Surprisingly, some of the world’s most sophisticated markets have yet to enact similar protections.  In those parts of the world, certain common and persistent practices continue to put the supply chain and Owners at risk.  

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