The end of payment hold-ups?

The future of the Payment Guarantees draft Act, which is to prevent hold-ups in receiving payments and protect contractors against dishonest investors is still not known. Since the publication of our article (,Eurobuild Poland" 4/2002) this matter has made progress in the Sejm, but has been met with some opposition from government ministers. In May this year MP's from all political parties agreed that this Act, which is to entitle contractors to demand bank guarantees from investors proving that they have sufficient funds to pay for work, was indispensable. The ministers, however, have now raised several arguments against the Act. Below are some of these points. Not so straightforward First of all, ,the solution suggested in the draft Act violates the decree that all sectors should be treatment equally, because it only refers to the construction sector," say the ministers. Protection of all the sectors exposed to similar problems would be impossible due to