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Retention deposits in construction contracts – how could they affect your business?

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[post_description] => A draft Bill proposing amendments to the current rules on protecting retention deposits in construction contracts has been published. Find out more today. [post_author] => Jessica Hancock [post_author_url] => https://www.beswicks.com/our-team/jessica-hancock-trainee-solicitor/ [post_author_email] => jessica.hancock@beswicks.com [post_keywords] => Construction Law [post_image] => https://www.beswicks.com/wp-content/uploads/2018/06/DR-Construction-retention-deposits-blog.jpg [success_url] => /contact-us-thank-you/ ) 1

Retention deposits in construction contracts – how could they affect your business?

Following on from the collapse of Carillion a draft Bill proposing amendments to the current rules on protecting retention deposits in construction contracts has been published. Retention is a percentage of the amount due for payment to a contractor or sub-contractor that is retained by the client to ensure all work is completed and defects […]

‘Nuts and Bolts’ of Construction Operations

‘Nuts and Bolts’ of Construction Operations