Actuate UK, the engineering services sector body, has welcomed recommendations to the Scottish Government to reform the outdated practice of cash retentions and protect...
The Specialist Engineering Contractors’ (SEC) Group will come to a close early in 2021, however, a new engineering services sector alliance will be launched. The...
Research by the Specialist Engineering Contractors’ Group Scotland has found that the withholding of retentions has a significant impact on the way businesses operate...
The Government has published a new guidance note about public procurement that encourages public sector clients to help to tackle cashflow issues by continuing...
The Construction Leadership Council (CLC) has called on the Government to direct all Government bodies to release all cash retentions monies held. The move...
The Government has published, Retention payments in the construction industry , a consultation on the practice of cash retentions under construction contracts.
The...
The Minister for Business and Industry has confirmed that a retention deposit scheme is one of several policy options are under consideration to tackle the abuse...
Cash retentions in the construction industry will feature in a Westminster Hall debate on Thursday 27 February and highlight the risks faced by contractors.
The...
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