Preferred Supplier List

[TheFaQQer]

What's "IANAL" mean. My guess is "I am not a lawyer".

Yes.

[NotAllThere]

That would probably prove quite difficult, usually once an agency has chosen their suppliers that is that, they probably would have had many, many meetings with the companies selected prior to their final list.

my impression was that a few Agencies, would prefer to have nothing to do with what Umbrella Company their contractor decided to go with due to the transfer of debts legislation.

The difficulty on getting on most PSLs is that the client generally wants to reduce their overhead by dealing with only a few suppliers, and to an extent, dictate terms. But it's not always the case. My current client is happy to add anyone to their list, provided they pass a few checks. Being on the list simply means the the client knows this supplier.

With agencies, they're always going to have to be paying loads of different suppliers - because they're dealing with ltds - so the sole reason for the PSL is the due diligence thing, not reducing overheads, admin etc. Therefore I would have thought it would have been as easy for an umbrella to get on the PSL, as it is for a ltdco contractor to show that he's not an MSC.

[Kylie4485]

My comment comes from what I viewed, when I used to work for an Umbrella Company, getting on an agencies PSL for them was like Xmas for a child.

Maybe it was the reputation of the Umbrella though lol joke.

I speak to a number of agencies on a professional level. When they decide on their PSL the board research a number of Umbrella's and create a short list, like you say, usually companies they have previously built relationships with.

Agencies like Hays are very particular on their PSL. Some umbrella companies wont even try and register contractors from them, as they are so cautious.