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‘Dangers’ of low-price bids from state-owned contractors raised by European construction groups
Low-price bids from state-owned contractors are creating unfair competition for some major public European construction projects
European construction companies support plan to tackle late payment…with some major reservations
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The European Commission is proposing to beef up rules around late payments, to ensure that businesses pay their suppliers within 30 days but representatives of the construction industry want to see changes before the regulations come into force.