Late payment survey

Question Title

* 1. What best describes your organisation? Choose the closest fit

Consultant

Developer

Main contractor

Subcontractor

Supplier

Other (please specify)

Question Title

* 2. Which of the following best describes your job role? Select one option

CEO / Owner / MD / Chairman

CFO / FD

Director

Financial manager

Project manager

Commercial manager

QS / Cost consultant

Engineer

Trades / Technical

Other (please specify)

Question Title

* 3. Thinking about the past few years, how do you think payment practices in the industry are changing? Choose the option closest to your experience

Payment practices are generally getting better

Payment practices are generally getting worse

Payment practices have stayed broadly the same

Don’t know

Question Title

* 4. Thinking about the past few years, what consequences, if any, have late payments caused within your organisation? Select all that apply

Forced to take out loans or debt

Knock-on delays to outgoing payments

Reduced profit

Delays or stoppages to work

Reduced quality of work

Legal disputes or arbitration

Wasted time and resources

Significant sums lost or written off

Redundancies, hiring freezes or pay freezes

No significant negative impacts

Other (please specify)

Question Title

* 5. In general, how long does it currently take to get paid? Choose the option closest to your experience

Under 30 days

30-39 days

40-59 days

60-75 days

Over 76 days

Don’t know / Not applicable

Question Title

* 6. How quickly do you typically pay your suppliers, contractors or subcontractors? Choose the option closest to your experience

Under 30 days

30-39 days

40-59 days

60-75 days

Over 76 days

Don’t know / Not applicable

Question Title

* 7. What are your thoughts about project bank accounts (PBAs)? Select all that you agree with

I have direct experience of using PBAs

I don't have direct experience of using PBAs

PBAs ensure funds are ringfenced for the supply chain

PBAs create problems by restricting cashflow

PBAs helps contractors get paid on time

PBAs slow down payments to contractors

PBAs favour the client over contractors

PBAs add clarity to a complex situation

Don’t know

Other (please specify)

Question Title

* 8. How effective have the following been in improving the flow of payments through the supply chain over the past few years?

	Very helpful	Somewhat helpful	Neutral	Somewhat unhelpful	Very unhelpful	Don’t know
Prompt Payment Code	Prompt Payment Code Very helpful	Prompt Payment Code Somewhat helpful	Prompt Payment Code Neutral	Prompt Payment Code Somewhat unhelpful	Prompt Payment Code Very unhelpful	Prompt Payment Code Don’t know
UK Construction Act	UK Construction Act Very helpful	UK Construction Act Somewhat helpful	UK Construction Act Neutral	UK Construction Act Somewhat unhelpful	UK Construction Act Very unhelpful	UK Construction Act Don’t know
Office of the Small Business Commissioner	Office of the Small Business Commissioner Very helpful	Office of the Small Business Commissioner Somewhat helpful	Office of the Small Business Commissioner Neutral	Office of the Small Business Commissioner Somewhat unhelpful	Office of the Small Business Commissioner Very unhelpful	Office of the Small Business Commissioner Don’t know
Project bank accounts	Project bank accounts Very helpful	Project bank accounts Somewhat helpful	Project bank accounts Neutral	Project bank accounts Somewhat unhelpful	Project bank accounts Very unhelpful	Project bank accounts Don’t know
Payments management software/solutions	Payments management software/solutions Very helpful	Payments management software/solutions Somewhat helpful	Payments management software/solutions Neutral	Payments management software/solutions Somewhat unhelpful	Payments management software/solutions Very unhelpful	Payments management software/solutions Don’t know
Advance payment schemes	Advance payment schemes Very helpful	Advance payment schemes Somewhat helpful	Advance payment schemes Neutral	Advance payment schemes Somewhat unhelpful	Advance payment schemes Very unhelpful	Advance payment schemes Don’t know
Industry bodies such as Build UK / CLC	Industry bodies such as Build UK / CLC Very helpful	Industry bodies such as Build UK / CLC Somewhat helpful	Industry bodies such as Build UK / CLC Neutral	Industry bodies such as Build UK / CLC Somewhat unhelpful	Industry bodies such as Build UK / CLC Very unhelpful	Industry bodies such as Build UK / CLC Don’t know

Question Title

* 9. What changes would help to improve payment practices in the sector? Select all that apply

Improved visibility

Better standardisation

Shorter payment terms

Digital payments management processes

More regulation

Stricter penalties for late payment

Independent scrutiny of prompt payment claims

Other (please specify)

Question Title

* 10. What is the impact of digitising payment processes? Select all that apply

Digitising the payment process would be beneficial

We have a roadmap to digitise our payment processes

We have digitised/are in the process of digitising our payment processes

I need to find out more about digitising payment processes

Digitising the payment process is unlikely to be beneficial

Late payment survey

Question Title

* 1. What best describes your organisation? Choose the closest fit

Question Title

* 2. Which of the following best describes your job role? Select one option

Question Title

* 3. Thinking about the past few years, how do you think payment practices in the industry are changing? Choose the option closest to your experience

Question Title

* 4. Thinking about the past few years, what consequences, if any, have late payments caused within your organisation? Select all that apply

Question Title

* 5. In general, how long does it currently take to get paid? Choose the option closest to your experience

Question Title

* 6. How quickly do you typically pay your suppliers, contractors or subcontractors? Choose the option closest to your experience

Question Title

* 7. What are your thoughts about project bank accounts (PBAs)? Select all that you agree with

Question Title

* 8. How effective have the following been in improving the flow of payments through the supply chain over the past few years?

Question Title

* 9. What changes would help to improve payment practices in the sector? Select all that apply

Question Title

* 10. What is the impact of digitising payment processes? Select all that apply

Question Title

* 11. What change in payment processes would you like to see widely adopted across the construction industry?