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Contractors prefer retentions to compulsory bonds

Series: Contract Journal ; 415(6398) 9 October 2002, 4(1)Publication details: 2002Subject(s): Summary: 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/

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/