Contractors have hit out at the time it takes retentions to be paid in BSRIA鈥檚 latest KPI survey. Over one third of contractors taking part in the survey awarded one out of 10 鈥� the worst possible score 鈥� for 鈥榮atisfaction with timely release of retentions money鈥�.
According to the survey, M&E contractors believe that the practice of assigning retentions is unfair and a financial burden. One contractor wrote: 鈥淩etention is very difficult to collect. Clients rarely voluntarily pay retention money. It has to be continually chased, involving time and phone calls.鈥�
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黑洞社区 Sustainable Design