Retentions, harmful, inefficient, outdated
Series: Contract Journal ; (416) 6407 11 December 2002, (1)Publication details: 2002Subject(s): Summary: Parliamentary report on retentions argues that the withholding of retentions is an outdated practice that should not be necessary in a modern productive industry. Key findings in the report include that many construction firms find the withholding of them a heavy burden particularly on small and medium sized firms. Also legislation to outlaw retentions is unlikely to make much impact. For the House of Commons select committee report : http://www.parliament.the-stationery-office.co.uk/pa/cm200203/cmselect/cmtrdind/127/12702.htm| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3846-06 (Browse shelf(Opens below)) | 1 | Available | 120755-1001 |
Parliamentary report on retentions argues that the withholding of retentions is an outdated practice that should not be necessary in a modern productive industry. Key findings in the report include that many construction firms find the withholding of them a heavy burden particularly on small and medium sized firms. Also legislation to outlaw retentions is unlikely to make much impact. For the House of Commons select committee report : http://www.parliament.the-stationery-office.co.uk/pa/cm200203/cmselect/cmtrdind/127/12702.htm