June 2016
RETENTIONS – THE FACTS Do You Know That……? Contract Retentions Average 5% of Contract Value 71% of Contractors Find Retentions are Never Paid on Time >50% of Contractors Never Get Paid Retentions At All Why Do Retentions Remain Unpaid? Disputes over defects (valid or otherwise) Insolvency of main contractor Directors who DON’T even try to...
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