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Nov 24, 2020

CIMIC Group shifts on payment terms

CIMIC Group shifts on payment terms

Major contractor CIMIC Group is returning to 30-day payment terms for its small business suppliers and subcontractors in Australia. The group – whose operating companies include CPB Contractors, UGL, Thiess and Sedgman – said the policy would be implemented progressively in the coming months.   The group came under fire late last year when UGL’s payment…

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