Proceeding contribution from David Heathcoat-Amory (Conservative) in the House of Commons on Tuesday, 13 October 2009. It occurred during Debate on bill on Local Democracy, Economic Development and Construction Bill [Lords].
Local Democracy, Economic Development and Construction Bill [Lords]
I am glad to hear my hon. Friend speaking in this way. Is he also aware that subcontractors often find it difficult to get credit insurance against that eventuality, so they are subject to the market strength exerted by the superior contractor? When the ultimate client goes bust, being subject to pay-when-paid contracts puts them in a very difficult position in what is already a recession. Will my hon. Friend lead on to some policy changes that he might support, perhaps when in government, in order to remedy the situation?
Secondary information
- Type
- Proceeding contribution
- Reference
- 497 c175
- Session
- 2008-09
- Chamber / Committee
- House of Commons chamber
- Subjects
- Contracts Appeals Construction Civic dignitaries Insolvency Insurance Economic planning Local government Local government finance Payments Planning Public consultation Parish and town councils Public lavatories Regional planning and development Regional development agencies Petitions
- Legislation
- Local Democracy, Economic Development and Construction Bill (HL) 2008-09
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2025-02-21 15:18:12 +0000
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