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Improving Competitiveness CONTINUED LEIAANNUALREVIEW2016PAGE6 MANAGEMENT spurious reasons for non-payment. The only initiative that is having an impact is project bank accounts but only a small number of government departments are using them regularly. Highways England is using them on all their projects with the result that sub-sub-contractors now receive their payments within 19 days of the assessment dates under the main contract. In its report in January 2015 Paying government suppliers on timethe NationalAudit Office recommended that the use of project bank accounts should be widened. In the lift sectorone of LEIAs members reports a positive experience of project bank accounts.AsAndrewTaylor Commercial Manager of Oronasays Naturallythe assurance of knowing the payments were forthcoming and ring- fenced was welcomed. However the additional value created by a PBA included assurances that the project would not be delayed due to delayed payments which ultimately created more positive relationships between our company and the other parties. The cashflow uncertainty in the industry presents a major obstacle to small firms when seeking to borrow from banks. Theevidenceshowsthatconstruction contractingSMEsfacemoredifficulties thanotherSMEsinaccessingfinancefrom banks.UK CONSTRUCTIONAn EconomicAnalysis of the Sector. Published in July 2013 by the Business Department. Unless the cash flow security in the industry is improved theres no reason to believe that the problems facing SMEs in accessing finance will reduce. This hasof courseadverse implications for productivity. Alongside other like-minded trade associations under the SEC Group umbrellaLEIA is constantly reminding clients that we can achieve an efficient delivery process by driving out bad practice. Achieving early supply chain engagementappointing reputable firms and providing cashflow security will all contribute to a significant improvement in productivity. Roll up roll up contributestoindustryandnationalfiresafety committeesandstandards. Orwhenitcomestountanglingthebuilding designimplicationsofBSEN81-20whobetter tohearthanIanJonesindustryguruand ChairmanoftheBSIcommitteeMHE4. Andwhenitcomestothatlifebloodofthe industryquestionimprovingpaymentandcash flowthenProfessorRudiKleinchampionofthe causewillentertainandenlighten. ThesearethethreeDay1speakerson25May. On26MayDavidBonnetofDBAwilldebunk somemythsaboutinclusiveaccessandlifts citingfromhisexperiencewaystoachievethe greatestgoodforthegreatestnumberofusers. ThiswillbefollowedbyJean-PierreJacobsofthe EuropeanLiftAssociationELAtalkingabout howLifeCycleAssessmentcanbeusedasatool fornewliftsandmodernisations.NickMellor willroundofftheseconddayseminar programmessharinghisindustryand AssociationexperiencewithalistofTenthingsa liftownerneedstoknow. For more information about LIFTEX 2016 click httpwww.liftex2016.com. JUST A FEW OF THE REASONS NOT TO MISS LIFTEX 2016 T HEUKsonlymeetingplacefortheliftand escalatorindustryLIFTEXfeaturesan exhibitionofover100leadingsuppliers andmanufacturers.Inadditionthefreeseminar programmerunsacrossbothdaysoftheevent offeringexpertinsightandadviceonleading issues.Thefocusisonmodernisationthetheme runningthroughthiseditionofLEIAFocus. LEIAseminarsareincreasinglyrecognisedasthe waytolearnabouttheimportantissuesfacingthe industryanditscustomers. AsNickMellor LEIAsTechnicalDirectorsaysNotonlyarethe seminarsfreetoattendifyoupre-registertheyare CPDcertified. Sotakesometimeoutfromtheexhibitionat LIFTEX2016tolistentotheexpertsonthe seminarplatformandposethemquestionstoo. Forexampledoyouwanttoknowabout modernisingaliftforfirefightersuseIfso Matt RyanofTheFireSurgeryLimitedisthepersonto ask.Hehasbeenworkinginthefiresafetysector for11yearsandisbothaqualifiedfireengineer andCharteredEngineer.Hehasjurisdiction experienceworkingforanauthorityhasworked onlandmarkprojectsincludingtheTowerof LondonandBatterseaPowerStationandactively LIFTEX