Percentage payment or retention fund

Percentage payment or retention fund - 1990 - Chartered Surveyor Weekly vol 32 no 11 20/9/90 p78-79(2) .

Discusses the concept of retention payments in contracts where a percentage of the value of the work done and materials supplied are held back by the employer until the contract is complete.


JCT STANDARD FORM OF BUILDING CONTRACT (1980 EDITION)
NSC4
NSC4A