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This guidance provides an overview of a contractor’s legal rights and courses of action in the event of late payment of commercial debts. It also includes detailed flow charts and template letters that can be used to help chase any monies owed.

This guidance explains the increasingly common Early Payment Schemes, offered my main contractors to provide shorter payment terms in return for a discount on amounts charged. It provides information from the point of view of the sub-contractor, enabling them to make more reasoned decisions that best suit their company.