The Government then tightened the deadline, insisting firms paid within 30 days to bring construction into line with other industries.
However, this scheme is voluntary, and just three main contractors and two private clients have signed-up to date, with the latest firm only committing to the payment charter last August.
Subcontractors are now writing the Charter off as a non-starter, despite it being pushed by the Construction Leadership Council and pan-industry trade body, Build UK.
Professor Rudi Klein, the CEO of the Specialist Engineering Contractors’ Group, said: “It’s a dismal failure and a distraction.
“The Charter has had no impact whatsoever. In fact, since the Charter has been around, payment periods have got worse stretching out to 50 days and 60 days”, he added.
One construction company, Carillion, now has subcontractors on 120-day terms, with firms forced to pay extra for prompter payments.
One subcontractor told the Enquirer: “The Government came to power pledging to tackle payment abuse but they gave us the CSCPC which simply wasn’t tough enough.
“It’s time the Government looked at this again because this voluntary scheme just isn’t working”, he added.
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