Retention payments fair deal

2 September 2014

It's time for a fair deal for subcontractors: protect retention payments

Retention payments are a common construction industry practice of unfairly withholding money belonging to subcontractors, for a period, sometimes years, after the work is complete.

Here is an STCF White Paper advocating an amendment to the Construction Contracts Act 2002 as a solution to the issue of lost retention payments.