But I digress. Well now, all that stuff about naughty payers is very interesting, and may even be true. It may even be attractive to say that trading in construction is so arm's length and so dispute-riddled that good relationships are not at the front of folk's minds. But absence of teamwork leads to absence of quality - good relations equate with good building. Shortly, there will be controversy about which rate is right.
Some commercial outfits borrow very cheaply.
They don't need high rates for the purpose of compensation. But the little bloke may borrow at very high rates. I hope parliament will extend that power to arbitrators and adjudicators. This web site is designed and maintained by A. W. Bingham, 1998. All rights reserved.