Are retentions necessary after all?

Dodsworth, C.

Are retentions necessary after all? - 2003 - Construction News (6808) 20 March 2003, 23(1) .

Looks at the recent government select committee report, which recommends the government phase out retentions by 2007. Points out that the law and contracts provide remedies for defects in the absence of retentions. If a retention is required it should apply to the whole supply chain.


RETENTIONS
DEFECTIVE WORK
BUILDING CONTRACTORS
CERTIFICATE OF PRACTICAL COMPLETION
SET-OFF
LIQUIDATED DAMAGES
ABATEMENT