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Thread: Carrillion

  1. #1
    Join Date
    Aug 2010
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    Unhappy Carrillion

    Its very sad that they are going under but what really shocked me is the stories of 120 day payments to sub contractors and others which are essentially keeping projects going and keeping large contractors cash flow going.

    Have others also noticed the trend in large contractors withholding pay for long periods?

  2. #2
    Join Date
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    Default

    Stopped supplying Carrillion on an account basis years ago due to their unacceptable payment terms.
    Not sad that they are going under when they treat suppliers like this. Try going to Tesco filling your basket and saying I will pay you in 60 days from month end and walking out.
    What is the difference??
    Pro Forma or credit card only now.

  3. #3
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    Default

    Quote Originally Posted by Ullswater View Post
    Stopped supplying Carrillion on an account basis years ago due to their unacceptable payment terms.
    Not sad that they are going under when they treat suppliers like this. Try going to Tesco filling your basket and saying I will pay you in 60 days from month end and walking out.
    What is the difference??
    Pro Forma or credit card only now.
    Dont blame you with those terms.

    I heard a rumour that Interserve is next. . . you heard it hear first. . .

  4. #4
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    Default

    I have it on good authority that the Interserve baw is burst also.

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