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Better payment terms for Network Rail contractors

Discussion in 'On Track.' started by admin, Oct 7, 2011.

  1. admin

    admin Founder Administrator

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    Network Rail’s investment projects arm has reduced the time it takes to pay contractors and suppliers to 21 days, down from 56 days. The new regime was implemented on 1 October 2011 and applies to Network Rail’s standard payment terms for investment projects works contracts. The standard time for payments under these contracts had been [...]

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