Tag : SEC Group
The Scottish Government has announced it has more than halved the threshold for mandatory use of project bank accounts in public works projects to £2m.
Parliament will this week discuss a bill on opening up the Freedom of Information (FOI) Act to apply to all public service contractors and housing associations as a means to improve transparency around how functions such as fire safety commitments and regulations compliance are being met.
A second reading in parliament of a bill that would mandate the use of accredited third-party deposit schemes to hold cash retentions has been postponed until June 15 after originally being scheduled for this week.
BESA and the ECA hope to step up pressure on the government to overhaul cash retentions by calling for the introduction of mandatory third-party deposit schemes in a joint response to a recent consultation.
919 employees working on government or key UK infrastructure jobs for collapsed construction giant Carillion will retain their jobs, the Official Receiver has announced.