retentions Archives - Construction Management

Finance money retentions. Image: dreamstime_m_145458574.jpg

Retentions ban: fine in theory, unclear in practice

The government proposal to ban retention payments under construction contracts may prove tricky to implement

A collection of £20 notes (Image: Dreamstime)

Five things construction firms need to know about the new Fair Payment Code

There is a new Fair Payment Code for UK businesses. Small business commissioner Liz Barclay explains why it is particularly relevant to the construction sector.

The word Contract in a dictionary, word in blue with rest of page text in black - this article deals with why mandatory reporting on retentions puts construction contracts in the spotlight

Legal

What construction should know about the new retentions reporting laws

New regulations now force qualifying companies to report on various aspects of how they deal with retentions. Michelle Essen and James Cooper explain.