Retentions have been a common feature in the construction industry for over 100 years, yet over the past two years there has been a growing shift in the construction industry’s views on retentions and whether reform of retention as we know it is required. Adele Parsons discusses these recent developments further.
United Kingdom, Construction, Insolvency & Restructuring, Fenwick Elliott Solicitors, General contractor, UK House of Commons, Carillion