Ó An Roinn Caiteachais Phoiblí, Seachadta ar an bPlean Forbartha Náisiúnta, agus Athchóirithe
Foilsithe
An t-eolas is déanaí
Teanga: Níl leagan Gaeilge den mhír seo ar fáil.
Construction is a very important sector of the national economy accounting for approximately 9% of GNP in 2010.
It is widely acknowledged that well managed and successfully delivered construction projects can improve the delivery of public and private services. However, the economic downturn in the construction sector has highlighted the lack of formal contract arrangements and bad payment practices in the sector.
While there is strong anecdotal evidence of the practice of delayed or nonpayment having escalated in recent times, it should be noted that the problem is not new.
It is reported that many firms, mainly SMEs, are experiencing serious difficulty in obtaining payment for work done. It is therefore important that where possible, payment transactions within this sector should be facilitated to ensure prompt payment of the correct amount.
