Webinar: The Fair Payment Code Gold Award - transforming construction finance, and why it matters
Event Details
Date: 8 April 2025
Location: Online
Time: 11:00 – 12:00
Join Liz Barclay, the UK’s Small Business Commissioner, alongside leading industry experts to tackle one of construction’s biggest financial challenges: late payments.
Late payments and inefficient cash flow remain persistent challenges in the construction industry, often leading to supply chain disruptions, project delays, and financial strain on SMEs. This webinar explores the feasibility of achieving the Fair Payment Code (FPC) Gold Award in construction, outlining the benefits, practical steps, and regulatory landscape shaping fair payment practices.
This webinar provides a practical roadmap for construction companies aiming to achieve the Gold Award, helping businesses improve cash flow, strengthen supplier trust, and secure a competitive edge in the market.
Joining Causeway to guide us through the implementation, practicalities and benefits of the Fair Payment Code is an exclusive panel;
Liz Barclay
Small Business Commissioner, Office of the Small Business Commissioner (OSBC)
Iain McIlwee
CEO, Finishes and Interiors Sector (FIS)
Stuart Green
Professor of Construction Management, University of Reading
Who is this webinar for?
Designed for C-Suite Executives, Financial Directors, Procurement Leads, Commercial Managers and other employees working in a financial role.
- The true cost of late payments and the impact it has on weakening the supply chain.
- Understanding what the Fair Payment Code Gold Award is.
- Lessons learnt since the launch of the Fair Payment Code.
- The steps to achieving a Gold Award and the strategic advantages this provides.
- Overcoming the main challenge of managing cash flow while meeting payment deadlines and avoiding certification delays.
- Understanding the role of new regulatory powers, reporting obligations, and potential penalties for non-compliance.