Retentions reform hurdle
Series: Construction News ; (6713) 26 April 2001, 2(1)Publication details: 2001Subject(s): Summary: A review of the retention system, whereby main contractors retain up to 5% of payments to guard against defects, now seems doubtful as winding-up of the Construction Industry Board in June means that its pan-industry survey on possible alternatives is unlikely to go ahead.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3717-04 (Browse shelf(Opens below)) | 1 | Available | 112312-1001 |
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A review of the retention system, whereby main contractors retain up to 5% of payments to guard against defects, now seems doubtful as winding-up of the Construction Industry Board in June means that its pan-industry survey on possible alternatives is unlikely to go ahead.