Retentions: firms could be forced to publish time taken to release cash
Digital Edition: Retentions: firms could be forced to publish time taken to release cash
Companies could have to report on the proportion of money they withhold in retentions under new proposals designed to drive down payment waiting times. Under the plans, any medium-to-large company would need to submit information on their firm’s retention-payment terms if they are subject to…
Welcome! To continue reading either:
Access your account
Log in to your account to access your content on Construction News.
Get unlimited access
Subscribe today to ensure you always keep up to date with the latest client and contractor news, interviews with industry leaders, market data, industry trends and forecasts, and access to CN Intelligence in partnership with Glenigan.
Start a FREE trial
Get full access for 2 weeks. No further commitment, no payment details required.
Check if you already have access from your company or university