Re: "they will also be guaranteed payment from the insolvency practitioner"
> Why would it be a benefit otherwise?
Who said it was a benefit to anyone except the company in administration?
It's an imposition. The supplier loses their choice of who to do business with and on what terms.
When it's something basic like gas or electricity then there's no problem. The suppliers will sell at their inflated "standard tariffs", so they can even turn a nice profit from the customer's unfortunate situation.
I guess for an equipment vendor, which maintains an official inflated list price which nobody normally pays, the same could apply.
But for an IT service provider which negotiates separate contracts for each customer and each project, rather than having a published book price, this sounds like a nightmare.
Biting the hand that feeds IT
