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EC plans late pay interest charge

Language: English Series: Contract Journal ; 374(5984) 1 September 1994, 7(1)Publication details: 1994Subject(s): Summary: The EC plans to introduce interest on late payments made by contractors, if contractors do not `clean up their act` within the next two years.

The EC plans to introduce interest on late payments made by contractors, if contractors do not `clean up their act` within the next two years.