Retentions - Why They Must Go (SR 25/2002)
Discusses the practice of assigning retentions in the construction industry. Presents findings of a survey to assess the views of mechanical and electrical contractors on retentions and possible alternatives. States that improvements in relationships are seen to negate the need for retentions or other alternatives. Via case studies, examines the use of bonds in place of cash retentions and a 'no retentions' policy between an M&E contractor and their client. Concludes that the abolishment of retentions would demonstrate clients' willingness to trust their suppliers and benefit suppliers by improving cash flow. Main section headings are - The background to retentions, Attitudes and alternatives to retentions, Alternative industry schemes, No retentions alliance, Retentions questionnaire.
More Information
| Publisher | BSRIA |
| Authors |
Samuelsson-Brown G.
Gooding P. |
| Published | December 2002 |
| Number of books in set | 1 |
| Pages | 23 |
| ISBN | Old 0860226174 New 9780860226178 |

