Retentions ban: fine in theory, unclear in practice

The government proposal to ban retention payments under construction contracts may prove tricky to implement The post Retentions ban: fine in theory, unclear in practice appeared first on Construction Management.

Government proposes ban on retention payments in construction contracts

The government has introduced new measures to “prevent the abuse of retention payments in construction”. The post Government proposes ban on retention payments in construction contracts appeared first on New Civil Engineer.

Government proposes new powers to tackle late payments

The government will introduce plans for new powers to tackle late payments to small businesses, including a ban on withholding of retention payments, a cap on payment terms and mandatory interest on late payments.

Widening skills gap will render project demand undeliverable, warns CITB

Training body urges government to collaborate with industry to improve worker attraction and retention rates

Construction retention reform could ‘drive innovation’ for SMEs

Proposed reforms to construction retentions could improve the working capital of SMEs involved in building projects, a lawyer believes.

Metroun - Retention in Construction - The Good, The Bad & The Alternatives, 27042022

A brief animated video about Retention that highlights: - the purpose of Retention, - the benefits, - when retention should be released, - the issues with retention, and - alternatives (to Retention)

Wright Hassall LLP, LawBytes - The Significance of Practical Completion, 01122020

Philip Harris, Partner and Construction Lawyer with Wright Hassall explains the significance of practical completion

Where do you stand on the Construction Retentions Bill?