The latest results published under the Duty to Report on Payment Practices and Performance show that the payment performance of Build UK members has continued to improve over the last six months despite the significant challenges presented by the coronavirus pandemic. Contractor members are now reporting an average of 35 days to pay invoices, down from 36 days last July and 45 days when the Build UK table was first published in July 2018. On average, they now pay 93% of invoices within 60 days, up from 82% two years ago, and 79% of their invoices are paid within terms, compared to 61% in 2018.

The Build UK table features more than 100 of the industry’s largest companies, including contractors, clients and housebuilders, to provide a comprehensive picture of payment practices across the construction industry.