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Awards 2023

Construction’s quickest payers revealed – latest rankings

Amey, Morrison Utility Services, ISG, and Costain rank as construction’s fastest-paying main contractors settling subcontractor and supplier invoices in less than 20 days.

Latest returns from submissions to the Government’s Duty to Report on Payment Practices and Performance indicate a slight improvement on past years.

The controversial self-reporting data, which is collated and published by trade body Build UK every six months, has been challenged by subcontractors who complain it is open to gaming because it is based on the number of invoices paid rather than value.

This means that if many small sums are paid promptly, large payments could still be delayed without seriously impacting payment records.

One told the Enquirer: “We know one main contractor is pushing through payments under £15,000 but is paying more slowly on larger sums.”

Main contractor payment performance – source Build UK
Average payment days% not paid
to terms
% paid
within 60 days
Amey101399
Morrison Utility Services161395
ISG172198
Costain18999
Lendlease210100
Canary Wharf Contractors23199
Ferrovial232296
Murphy231294
Bouygues241997
Galliford Try251597
Morgan Sindall25398
Mace261295
Novus Property Solutions271895
VolkerWessels272397
Sir Robert McAlpine27596
Willmott Dixon281299
Colas282894
BAM Nuttall281296
Laing O’Rourke281694
FM Conway281197
Wates291898
John Sisk & Son291598
Multiplex301693
Vinci301893
McLaren Construction302895
Osborne304093
Bowmer and Kirkland302895
Henry Boot311596
Wilson James311596
Kier322491
BAM Construct322395
Tilbury Douglas322396
McAleer & Rushe33495
Balfour Beatty341397
McLaughlin and Harvey342495
Skanska341392
Robertson Construction343497
Seddon36398
Graham Construction37695
Eurovia421686
EQUANS48177
Watkin Jones49986
Northstone515378

The top 43 main contractors are taking on average nearly 30 days to pay, a day faster than a year ago.

Also the average percentage of invoices not paid within terms improved from 19% to 16.5% compared to six months ago.

Specialist contractors
Average payment days% not paid to terms% paid within
60 days
Concrete
J. Reddington23689
Expanded Structures251290
FP McCann271098
Carey Group292187
Getjar37890
Morrisroe38791
CJ O’Shea43393
Byrne Brothers49189
Tamdown612864
Piling
Cementation Skanska321098
Bachy Soletanche352393
Keller362295
Roger Bullivant47486
Van Elle601156
M&E
Crown House Technologies261782
SES333695
Skanska Rashleigh Weatherfoil361790
NG Bailey37998
Dalkia Engineering413874
Dodd Group49846
TClarke521052
Dalkia Operations522463
Gratte Brothers55760
Briggs & Forrester602447
Fit-out
Stanmore12099
Overbury20498
ISG Fit Out245396
Portview26696
Willmott Dixon Interiors301298
BW Interiors371297

The Government is giving future contractor payment reporting laws extra teeth after coming under fire for not going far enough on corporate payment transparency.

Under the new rules due to come into force in 2025, there will also be a new value metric, so businesses can see the value of invoices, including invoices paid late, and a disputed invoices metric.

Contractors will also have to report retention records in their six monthly returns.

Construction’s quickest payers revealed – latest rankings | Construction Enquirer News