News tagged retentions
  • Retentions ban: no holding back

    A ban on retentions in construction contracts has taken a step closer to becoming a reality The post Retentions ban: no holding back appeared first on Construction News.

  • Payment bill puts 50% price on retention breaches

    A 50 per cent penalty on active retentions outlined in proposed new payments laws should force any firms still using the measure to change their approach, lawyers have said. The Small Business Protections Bill, published yesterday (19 May), includes a ban on retentions after a… The post Payment bill puts 50% price on retention breaches appeared first on Construction News.

  • Retentions axe will take three years to fall

    Payments Bill sets out transition period before cash retentions finally outlawed

  • Retentions ban bill to be tabled in Parliament today

    The government is formally introducing legislation today that would ban retentions under construction contracts as part of a wider crackdown on late payments to small firms. The Small Business Protections Bill, officially known as the Commercial Payments Bill, would also cap payment terms at 60… The post Retentions ban bill to be tabled in Parliament today appeared first on Construction News.

  • Ministers introduce legislation to crackdown on late payments

    Bill would see government deliver promise to ban retentions

Resources tagged retentions

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