Breaching the wall of retention

Whitehead, T.

Breaching the wall of retention - 1991 - Contract Journal 360(5481) 3 October 1991, 12-13(2) .

Recession has heightened pressure for scrapping the controversial system of retention monies which is now causing bankruptcies among subcontractors. This article considers the insurance or guarantee schemes being put forward as an alternative by the trade associations, FASS, CASEC and the Confederation of Construction Specialists.


GUARANTEES
Insurance
RETENTION MONIES
SUBCONTRACTORS