Late payment remains a persistent issue in the construction industry, affecting both private and public contracts. The long, interconnected supply chain, power imbalances, and disputes over quality contribute to delayed payments, which can heavily impact SMEs and crafts in the sector.
EBC calls for a zero-tolerance policy on late payments and advocates for stronger enforcement of late payment regulations, protecting SMEs from the cash flow disruptions that hinder their operations.
Economy
On 6 February, the CJEU ruled that payment terms over 60 days are only valid if explicitly agreed upon by both parties. EBC welcomes the decision and calls for stronger...
Economy
On Monday 24 October, an EBC delegation made of EBC President Philip van Nieuwenhuizen, EBC Board members Alice Lazioli and Elisa Vitella respectively from ANAEPA-Confartigianato and CNA Costruzioni, ...
Economy
On 24 October, EBC President Philip van Nieuwenhuizen, EBC Secretary General Fernando Sigchos Jiménez and EBC Policy Officer Spyros Mathioudakis met with Mr. Jean-Yves Muylle, the newly appointed Hea...
Economy
In the context of the EU Industry Days 2022, EBC took part in the session "Pay on time: a win-win solution for resilient supply chains". EU Industry Days is Europe’s flagship...
Economy
On 28 January, the Grand Chamber of the European Court of Justice ruled that Italy had violated Directive 2011/7/EU on combating late payment in commercial transactions, because it failed to...
