One in seven invoices paid late by large construction firms
Summary
New government figures show that large construction firms paid 14% of invoices late in 2025, with a median supplier payment time of 33 days. The data places construction around the middle of the sector table for payment performance and comes as parliament considers legislation to tighten protections for small suppliers.
Why it matters
Late payment can affect cash flow across the construction supply chain, including firms involved in residential projects and surveying-related services. Surveyors advising clients on project viability, contractor risk or procurement may need to factor in payment performance and the potential impact of forthcoming payment reforms.
Key points
- 14% of invoices issued to large construction businesses were paid after agreed terms.
- Large construction firms took a median of 33 days to pay suppliers.
- Late payments represented 13% of the total value of invoices paid by large construction firms.
- The figures are reported under the Reporting on Payment Practices and Performance Regulations 2017.
- A Commercial Payments Bill is progressing through parliament to strengthen protections for small suppliers.
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