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Percentage payment or retention fund

Language: English Series: Chartered Surveyor Weekly ; vol 32 no 11 20/9/90 p78-79(2)Publication details: 1990Subject(s): Summary: 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.

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.