Contractors prefer retentions to compulsory bonds

Contractors prefer retentions to compulsory bonds - 2002 - Contract Journal 415(6398) 9 October 2002, 4(1) .

Construction Confederation supports abolition of retention system, but does not want it replaced by alternative compulsory bond system. CC has submitted its view to House of Commons Trade and Industry Select Committee looking into use of retentions. Construction Confederation information available at www.constructionconfederation.co.uk/


RETENTIONS
CASH RETENTIONS
SUBCONTRACTORS