Costain has been reinstated to the Prompt Payment Code, having been suspended for slow payment to suppliers in April.
The Chartered Institute of Credit Management, which administers the scheme, said it acknowledged the group’s “real and fast progress” to ensure its suppliers are paid in line with the requirements of the code.
- More contractors suspended from Prompt Payment Code
- Eight construction firms removed or suspended from payment code
A Costain spokesperson said: “Costain was an early signatory to the Prompt Payment Code and we have taken action to ensure we comply.
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