FOR IMMEDIATE RELEASE:

Public Sector and construction industry sign Fair Payment Charter

December 10th , 2007

Newcastle Upon Tyne, UK

The public sector purchases over 30% of the construction industry in the UK. In the past there have been disputes between private contractors and the public sector purchasing bodies.

Now a new charter has been signed to help reduce conflict and make the process more transparent. The Office of Government Commerce (OGC) has created a “Fair Payment” Charter that sets new standards to help reduce withholding of retentions, create more efficient payment procedures, have payments made within 30 days and make the process more transparent.

The Fair Payment Charter has been endorsed by the government and signed by the OCG, the Local Government Taskforce, Construction Industry Council, Construction Federation and National Specialist Contractors Council.

The charter covers the public sector buyers, their construction contractors as well as the supply chain members of a specific project.

To learn more about this charter, go to www.ogc.gov.uk.

Buyers Guide has been supporting the UK public sector or 12 years. It brings together government buyers looking for suppliers of specific products. Architectural services, engineering consultants and construction firms all list their product and services on www.buyersguide.co.uk. With over 5,000 company listings on Buyers Guide website of specific products and services targeting public sector work, Buyers Guide is an easy solution for helping government buyers find qualified suppliers.

Companies listed on Buyers Guide range from multinationals to sole traders, but all have the goal of working on public sector contracts. These include working with schools, colleges, universities, local councils, ministry of defence, NHS, housing authorities, and government funded non-profit agencies.

Contact:

Buyers Guide
0191 260 5388
0191 221 2287

info@buyersguide.co.uk
www.buyersguide.co.uk

Company History

Buyers Guide, based in Newcastle Upon Tyne, was established in 1996 and is the leading online directory of UK companies that are targeting the £600 billion in public spending each year. To date, there are over 5,000 company listings in 1,200 categories on the www.buyersguide.co.uk website.