Question

To ask the Secretary of State for Business, Innovation and Skills, if he will publish any recent assessment he has made of compliance with the Construction Supply Chain Payment Charter.

The Construction Supply Chain Payment Charter was published in April and publicly supported by members of the Construction Leadership Council.

Signing up to the Payment Charter is a voluntary commitment. We are currently consulting on a set of Key Performance Indicators (KPIs) which construction businesses signing the Charter will report on, via the Institute of Credit Management. The KPIs are being developed in order to have a framework in place to monitor the effect of the Charter.